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Exhibit 15.1 -Exhibit 15.1 Shows the Interest Rate on the Vertical Axis

Question 60

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. A decrease in nominal GDP with no change 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. A decrease in nominal GDP with no change 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) DMto DM*.
E) point E to point F.

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