Which One of the Following Factors Would Reduce the Quantity

question 179

Multiple Choice

Which one of the following factors would reduce the quantity of money balances that households would want to hold?

• A) higher prices
• B) a rise in inflation
• C) higher nominal interest rates
• D) an expansion in nominal income (nominal GDP)

---

Definitions:

Secure And Confident

Describes a state of being wherein an individual feels self-assured and stable in their abilities, decisions, and self-worth.

Innermost Thoughts

The most personal, private, or deeply held beliefs or ideas one may have.

Observable Patterns

Regular and identifiable behaviors, processes, or trends that can be seen or tracked over time.

Communication Style

The manner in which individuals express themselves when interacting with others, influenced by personal and cultural factors.