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Which of the Following Shifts Money Demand Left

Question 143

Multiple Choice

Which of the following shifts money demand left?


A) an increase in the interest rate or an increase in the price level
B) an increase in the interest rate but not an increase in the price level
C) an increase in the price level but not an increase in the interest rate
D) neither an increase in the interest rate nor an increase in the price level

Correct Answer:

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