Multiple Choice
When the money market is drawn with the value of money on the vertical axis,as the price level decreases,the value of money
A) increases,so the quantity of money demanded increases.
B) increases,so the quantity of money demanded decreases.
C) decreases,so the quantity of money demanded decreases.
D) decreases,so the quantity of money demanded increases.
Correct Answer:
Verified
Correct Answer:
Verified
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