An Increase in the Nominal Interest Rate,other Things Constant,will

question 27

Multiple Choice

An increase in the nominal interest rate,other things constant,will:

• A)shift the money demand curve to the right.
• B)shift the money demand curve to the left.
• C)increase the quantity of money people choose to hold.
• D)decrease the quantity of money people choose to hold.
• E)have no impact on the money demand curve.

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