If wealth increases, the demand for stocks ________ and that of long-term bonds ________, everything else held constant.
1 answer
Question:
If wealth increases, the demand for stocks ________ and that of long-term bonds ________, everything else held constant.
Answers
Answer:Increase Increase Explanation:When wealth increases, the disposable income of individuals increases and individuals are more willing and able to invest in stocks and long term bonds. I hope my answer helps you.
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