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iloveyofacexx3 iloveyofacexx3
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Posts: 467
5 years ago

Question 1.

If people think interest rates are above their normal levels, they will want to hold more money in savings accounts and less in cash.



▸ true

▸ false

Question 2.

Investors may wish to hold money in savings accounts when interest rates are low with the intention of moving the money to non-interest-bearing checking accounts when interest rates increase.



▸ true

▸ false
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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mnp2357mnp2357
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Posts: 404
5 years ago
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5 years ago
Appreciate the effort, thank you!
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