Solved

Other Things the Same,an Increase in the Price Level Induces

Question 60

Multiple Choice

Other things the same,an increase in the price level induces people to hold


A) less money,so they lend less,and the interest rate rises.
B) less money,so they lend more,and the interest rate falls.
C) more money,so they lend more,and the interest rate falls.
D) more money,so they lend less,and the interest rate rises.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions