Economy, asked by SinghSaab4791, 1 year ago

Money demand curve slopes downward because

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Answered by S4MAEL
9
The demand curve for moneyillustrates the quantity of moneydemanded at a given interest rate. Notice that the demand curve formoney is downward sloping, which means that people want to hold less of their wealth in the form of money the higher that interest rates on bonds and other alternative investments are.
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