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When interest rate is increased, there is an increase in income from interest on savings deposits which makes people spend more. This channel of monetary
When interest rate is increased, there is an increase in income from interest on savings deposits which makes people spend more. This channel of monetary policy transmission is called: Asset price channel Savingsinvestment channel. Wealth Channel Cash flow channel. 
When interest rate is increased, there is an increase in income from interest on savings deposits which makes people spend more. This channel of monetary policy transmission is called:
Asset price channel
Savingsinvestment channel.
Wealth Channel
Cash flow channel.
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