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Author Question: If interest rates decrease to a very low level, people will most likely hold (Read 49 times)

piesebel

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Question 1

As the interest rate rises, people hold ________ money in non-interest-bearing checking accounts instead of savings accounts because the opportunity cost of holding money has ________.


◦ more; fallen
◦ less; fallen
◦ less; risen
◦ more; risen

Question 2

If interest rates decrease to a very low level, people will most likely hold


◦ more money in savings accounts and less cash.
◦ less money in savings accounts and less cash.
◦ less money in savings accounts and more cash.
◦ more money in savings accounts and more cash.


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Marked as best answer by piesebel on Apr 19, 2019

owenfalvey

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owenfalvey

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