17 Which one of the following will have a negative impact upon money demand?
A a fall in the rate of interest
B a rise in the real Gross Domestic Product
C the rise in the frequency with which people are paid
D a higher expectation that stock prices will fall
May I know why the answer given is C as i thought the answer should be D as When stock price fall, people will sell stock and get money so money demand increase
A a fall in the rate of interest
B a rise in the real Gross Domestic Product
C the rise in the frequency with which people are paid
D a higher expectation that stock prices will fall
May I know why the answer given is C as i thought the answer should be D as When stock price fall, people will sell stock and get money so money demand increase