when inflation rises, people will desire to hold\nless money and will go to the bank less frequently.\nless…
when inflation rises, people will desire to hold\nless money and will go to the bank less frequently.\nless money and will go to the bank more frequently.\nmore money and will go to the bank less frequently.\nmore money and will go to the bank more frequently.
Answer
Brief Explanations:
When inflation rises, the value of money decreases over time. People don't want to hold a large amount of money that loses value, so they hold less money. To avoid the loss of money's value, they will go to the bank more often to convert their money into other forms (like interest - bearing deposits) or make more frequent transactions.
Answer:
less money and will go to the bank more frequently.