an increasing or increased speculative demand for money??
In the following sentence, both "increasing" and "increased" sounds ok to me. Could you tell me which one is grammatical and why
"Increased demand for a currency, then, is due to either an increased transaction demand for money, or an _______ speculative demand for money."
Thanks a lot!!
Re: an increasing or increased speculative demand for money??
Increasing, it continues to increase.
Increased, it has increased up to this point and time and whether it may or may not continue to increase is not topic.
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