juansedano187
juansedano187 juansedano187
  • 02-12-2019
  • Business
contestada

As the amount of money supply increases inters rates which in turns causes spending to

Respuesta :

AdeTolu
AdeTolu AdeTolu
  • 02-12-2019

Answer:

Increased spending

Explanation:

The amount of money supply increases when the apex bank reduces the rate of interest. Thus, commercial banks equally reduce interest rate on loan. Hence, reduced interest rate causes spending to increase.

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