Multiple Choice
Assume that the demand for money depends on the interest rate. An increase in the money supply will cause the interest rate to ________, the quantity demanded of money to ________, and the velocity of money to ________.
A) decrease; decrease; decrease
B) increase; decrease; increase
C) decrease; increase; decrease
D) decrease; increase; increase
Correct Answer:
Verified
Correct Answer:
Verified
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