Multiple Choice
Between 2008 and 2009, U.S. real GDP decreased from $13.2 trillion to $12.9 trillion. As a result, the real demand for money ________ and the demand for money curve ________.
A) decreased; shifted leftward
B) did not change; did not shift
C) increased; shifted leftward
D) decreased; shifted rightward.
Correct Answer:
Verified
Correct Answer:
Verified
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