Multiple Choice
Refer to Figure 12.1 for the following question.
Figure 12.1
-Refer to Figure 12.1. In this figure, the money demand curve would move from Money demand₁ to Money demand₂ if:
A) real GDP decreased.
B) the price level increased.
C) the interest rate increased.
D) the Reserve Bank of Australia sold government securities.
Correct Answer:

Verified
Correct Answer:
Verified
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