Answer to Question #219436 in Microeconomics for kelly

Question

 

1.    Which list contains only things that would make people want to hold more money?

a.     Interest rates decrease, the price level increases.

b.    Interest rates decrease, the price level decreases.

c.     Interest rates increase, the price level increases.

d.    Interest rates increase, the price level decreases.

Answer 1

Correct answer is a.Interest rates decrease, the price level increases.