Business, 18.10.2019 21:20 Abbymay17

When inflation rises, the nominal interest rate
a. rises and people desire to hold more money.
b. rises and people desire to hold less money.
c. falls and people desire to hold more money.
d. falls and people desire to hold less money

Answers: 1

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When inflation rises, the nominal interest rate
a. rises and people desire to hold more money...