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Commerce · Q117

Business Environment and International Business

Graduate and Post Graduate · Commerce · question 117

Q117

Supply of money remaining the same when there is an increase in demand for money, there will be:

A.
A fall in the level of price
B.
An increase in the rate of interest
Answer
C.
A decrease in the rate of interest
D.
An increase in the level of income and employment

Answer: Option B

Solution

Answer: Option B
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