Suppose Every Good Costs $8 Per Unit and Molly Holds

Multiple Choice

Suppose every good costs $8 per unit and Molly holds $120.What is the real value of the money she holds?

A) $120.If the price of goods rises,to maintain the real value of her money holdings she needs to hold more dollars.
B) $120.If the price of goods rises,to maintain the real value of her money holdings she needs to hold fewer dollars.
C) 15 units of goods.If the price of goods rises,to maintain the real value of her money holdings she needs to hold more dollars.
D) 15 units of goods.If the price of goods rises,to maintain the real value of her money holdings she needs to hold fewer dollars.