Macroeconomics 10th Edition by William McEachern

Exercise 1

DEMAND FOR MONEY Determine whether each of the following would lead to an increase, a decrease, or no change in the quantity of money people wish to hold. Also determine whether there is a shift of the money demand curve or a movement along a given money demand curve.
a. A decrease in the price level
b. An increase in real output
c. An improvement in money's ability to act as a store of value
d. An increase in the market interest rate