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What does the idiom tightfisted mean?

To be tightfisted means that you hold on to your money. You're cheap.


How do changes in interest rates affect money supply?

When the interest rates are high, people would prefer to save than holding money. That means money supply in the economy is decreased. Whereas when the interest rates are low people prefer to hold money and spend, means increased money supply in the economy.


Why is money demand downward sloping?

Money demand is always downward sloping because when the cost of holding money increases (e.g. interest rates rise) the quantity of money consumers hold decreases. This means at lower interest rates, people want to hold more money and fewer bonds.


How do changes in interest rates affect the money supply?

When the interest rates are high, people would prefer to save than holding money. That means money supply in the economy is decreased. Whereas when the interest rates are low people prefer to hold money and spend, means increased money supply in the economy.


Can you write a check against money on hold?

No. The money on hold is not available to you for any reason until the hold is released.


Is it irrational to hold money balances?

No, it is always sensible to hold some money balances.


If contention means an opinion you hold and tenure means a position you hold then ten means?

I think like hold or holding ,....tension,


What Refers to the ability of money to be saved for later use?

The ability of money to be saved for later use is referred to as "store of value." This means that money can hold its value over time and be used to make purchases in the future.


What effect does the existence of money as a medium of exchange have on our lives?

existence of money means that individuals do not need to hold a diverse collection of goods as an exchange inventory. Money allows them to specialize in any area in which they have a comparative advantage and to receive money payments for their labor.


how do i get my money on hold in bank for unsecured loan?

I do not understand what you are trying to do. How is your money on hold at a bank? Is it in a longterm CD?


What was the purpose of zacchaeus's money bag?

To hold his money!


What does tenebo mean in latin?

"Tenebo" means "I will hold" or "I will possess" in Latin. It is derived from the verb "teneo," which means "I hold" or "I possess."