Supply of money remaining the same when there is an increase in demand for money, there will be

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CollectorBabu · Accepted Answer

Correct Answer: an increase in the rate of interest. If the supply of money is same and in case of increase in demand for money, then in such case people will deposit less money in banks which makes the bank to increase the rate of interest in order to catch people so as to deposit money in bank, which describes in option B.

Supply of money remaining the same when there is an increase in demand for money, there will be

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