According to the money-supply income effect, if the money supply grows more slowly than planned spending, interest rates will rise.

Name: According to the money-supply income effect, if the money supply grows more slowly than planned spending, interest rates will rise.
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When the money supply grows more slowly than planned spending, the demand for money exceeds the supply, leading to higher interest rates as people and businesses compete for the available funds.

According to the Money-Supply Income Effect, If the Money Supply