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

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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