When interest rates are high, speculative demand for money is .

high

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low

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zero

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invariable

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Solution

The correct option is B low
Speculative demand for money is low when interest rates are high as people convert their money to bonds and stocks.

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Similar questions

When interest rates are high, speculative demand for money is ________.

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When interest rates are high, speculative demand for money is .

The correct option is B lowSpeculative demand for money is low when interest rates are high as people convert their money to bonds and stocks.

The correct option is B low
Speculative demand for money is low when interest rates are high as people convert their money to bonds and stocks.