Multiple Choice
According to the interest rate effect, as the price level increases, households and firms' holdings of money ____, interest rates ____, investments ____, and the quantity RGDP demanded ____.
A) increases, decrease, increase, decreases
B) increases, increase, increase, decreases
C) decreases, decrease, decrease, increases
D) increases, increase, decrease, decreases
Correct Answer:
Verified
Correct Answer:
Verified
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