Other Things the Same,an Increase in the Price Level Induces

question 60

Multiple Choice

Other things the same,an increase in the price level induces people to hold

• A)less money,so they lend less,and the interest rate rises.
• B)less money,so they lend more,and the interest rate falls.
• C)more money,so they lend more,and the interest rate falls.
• D)more money,so they lend less,and the interest rate rises.