If the Price Level Falls, the

question 164

Multiple Choice

If the price level falls, the

• A) demand for money increases.
• B) demand for money decreases.
• C) quantity of money demanded increases.
• D) quantity of money demanded decreases.
• E) demand for money does not change and the quantity of money demanded does not change.

---

Definitions:

Reform Movement

A collective effort aiming to bring about social, political, economic, or environmental changes.

World Trade Organization

An international organization that regulates international trade and ensures that trade flows as smoothly, predictably, and freely as possible between its member countries.

Social Networking

The use of dedicated websites and applications to interact with other users, or to find people with similar interests to oneself.

Universal Citizenship

The idea that individuals should have rights and obligations globally, not just within the nation-state where they hold citizenship.