Asked by Eribel Almonte on Jun 08, 2024

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As interest rates rise,people tend to hold ______ money;as their incomes rise,people tend to hold ______ money.

Interest Rates

The proportion of a total amount of money that is charged for borrowing it, usually represented as a yearly rate.

Incomes

Financial returns, especially received periodically, from work performed or investments made.

  • Comprehend the role of interest rates and income in determining money demand.
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Gavin PeartJun 10, 2024
Final Answer :
less;more