Multiple Choice
Which of the following events would shift money demand to the 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:
Verified
Correct Answer:
Verified
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