As interest rates rise,

A it becomes more expensive to hold money as cash

B bonds and savings accounts become less attractive for investment

OC it becomes less expensive to hold money as cash

D firms will generally spend their wealth

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Kendrick Ho

30 October, 21:14

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Smarty · Answer 1

It becomes more expensive to hold money as cash.

As interest rates rise,A it becomes more expensive to hold money as cashB bonds and savings accounts become less attractive for investmentOC it becomes less expensive to hold money as cashD firms will generally spend their wealth