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Question 23 (1.25 points] When does the opportunity cost of holding money decrease or increase, and how does people's desire to hold money change? O

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Question 23 (1.25 points] When does the opportunity cost of holding money decrease or increase, and how does people's desire to hold money change? O The opportunity cost of holding money increases when the interest rate increases= so people desire to hold less money. O The opportunity cost of holding money increases when the interest rate increases= so people desire to hold more money. O The opportunity cost of holding money decreases when the interest rate increases, so people desire to hold more money. O The opportunity cost of holding money decreases when the interest rate increases, so people desire to hold less money. Question 24 {1.25 points] According to liquiditypreference theory, if the price level increases, how do the equilibrium interest rate and the aggregate quantity of goods change? O The interest rate rises and the quantity demanded lls. O The interest rate and the quantity demanded fall. O The interest rate lls and the quantity demanded rises. O The interest rate and the quantity demanded rise

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