The Money Demand Curve Will Shift to the Left If

question 63

Multiple Choice

The money demand curve will shift to the left if:

• A)the nominal interest rate increases.
• B)the nominal interest rate decreases.
• C)the price level increases.
• D)real income decreases.

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Definitions:

Positive Reinforcement

A behavior modification technique that involves providing rewards or incentives to encourage the repetition of desirable behaviors.

Doing the Dishes

A domestic chore involving the cleaning of dishware, utensils, and cooking equipment by hand or using a dishwasher.

Negative Reinforcement

A method of increasing desired behaviors by removing or avoiding a negative outcome or stimulus.

Withdraws Attention

The process of deliberately shifting focus away from stimuli perceived to be threatening, irrelevant, or otherwise undesirable.