Answer to Question #236122 in Economics for Millicent

Question #236122

A reduction in the money supply is likely to

Select one:

a. Decrease deflation

b. Increase the interest rate

c. Increase inflation

d. Reduce the interest rate


1
Expert's answer
2021-09-12T19:30:31-0400

b. Increase the interest rate


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS