Question
22) According to the portfolio motive, when interest rates rise, A) money demand falls. B) money demand rises. C) people except interest rates to rise
22) According to the portfolio motive, when interest rates rise,
A) money demand falls.
B) money demand rises.
C) people except interest rates to rise further.
D) capital gains fall.
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Practical financial management
Authors: William r. Lasher
5th Edition
0324422636, 978-0324422634
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