Multiple Choice
-Refer to Figure 14-1.If the economy is currently at point X,an increase in the interest rate will
A) increase the quantity of money demanded (moving the economy toward point A)
B) decrease the quantity of money demanded (moving the economy toward point B)
C) increase money demand (shifting the curve toward curve C)
D) decrease money demand (shifting the curve toward curve D)
E) leave the economy at point X
Correct Answer:

Verified
Correct Answer:
Verified
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