Practice free →
Home › Bihar Board Class 12 (Arts) › Economics › Money and Banking › Speculative demand for money is inversely relate…

Speculative demand for money is inversely related to the

Aprice level
Breal GDP level
Crate of interest
Dreserve ratio
Answer & Solution
Correct answer: C. rate of interest
At a low interest rate people expect it to rise and bond prices to fall, so they hold more money.
Solve this in the app — Bihar Board Class 12 (Arts) practice & 24k+ MCQs →
Related questions