How will increase in interest rate influence amount of money, Macroeconomics

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How will increase in interest rate influence amount of money

Problem

Why do people hold money? How will an increase in the interest rate influence the amount of money that people will want to hold?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: How will increase in interest rate influence amount of money

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Macroeconomics: How will increase in interest rate influence amount of money

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