In the long run, the demand for money is most dependent upon the
A) Level of prices.
B) Interest rate.
C) Availability of banking outlets.
D) Availability of credit cards.

Question

Quizplus · Accepted Answer

The demand for money is most dependent upon the level of prices because as prices increase, people need more money to purchase goods and services. This means that the demand for money will increase as the level of prices increases. Interest rates, availability of banking outlets, and credit cards may also affect the demand for money, but they are not the primary factors.

In the Long Run, the Demand for Money Is Most