Which of the Following Shifts Money Demand to the Left

question 68

Multiple Choice

Which of the following shifts money demand to the left?

• A) an increase in the price level
• B) a decrease in the price level
• C) an increase in the interest rate
• D) a decrease in the interest rate

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Definitions:

Socioeconomic Status

A measure of an individual's or family's economic and social position relative to others, based on income, education, and occupation.

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A chronic brain disorder characterized by delusions, hallucinations, and other cognitive difficulties.

Delusion

A false belief held with strong conviction despite superior evidence to the contrary.