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    ECON MACRO
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    Exam 15: Monetary Theory and Policy.
  5. Question
    Exhibit 15.1 -Exhibit 15.1 Shows the Interest Rate on the Vertical Axis
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Exhibit 15.1 -Exhibit 15.1 Shows the Interest Rate on the Vertical Axis

Question 106

Question 106

Multiple Choice

Exhibit 15.1
Exhibit 15.1    -Exhibit 15.1 shows the interest rate on the vertical axis and the quantity of money on the horizontal axis. An increase in the price level will cause a movement from _____ A)  point B to point A. B)  point A to point B. C)  D<sub>M</sub> to DM'. D)  D<sub>M</sub> to D<sub>M*</sub>. E)  point E to point F.
-Exhibit 15.1 shows the interest rate on the vertical axis and the quantity of money on the horizontal axis. An increase in the price level will cause a movement from _____


A) point B to point A.
B) point A to point B.
C) DM to DM'.
D) DM to DM*.
E) point E to point F.

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