How do changes in interest rates affect the

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5.How do changes in interest rates affect the composition of bonds and money that people will want to hold?
6.Explain the speculative motive for holdingbonds.
7.Explain how the demand for money might change even if interest rates remain unchanged.
8.What is the nonsynchronization of income and spending?
9.Explain the trade-off between holding bonds and holding money. Whydon't people keep all their assets in the forms that are the easiest touse for making transactions?

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