Question: 47. When the interest rate increases A. people Will demand or hold more money B. banks will loan more C. banks will loan less D.

 47. When the interest rate increases A. people Will demand or

hold more money B. banks will loan more C. banks will loan

47. When the interest rate increases A. people Will demand or hold more money B. banks will loan more C. banks will loan less D. people will demand or hold less bonds E. none of the above

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