The money demand curve has a negative slope because

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asked Feb 15, 2020 221k views

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Kevaughn · Answer 1 · 2020-02-19T21:33:28+0000

Answer:

lower interest rates

Step-by-step explanation:

lower interest rates cause households and firms to switch from financial assets (bonds) to money. Suppose that there is an increase in the number of people selling bonds.

The money demand curve has a negative slope because

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