An Increase in the Price Level Causes

question 147

Multiple Choice

An increase in the price level causes

• A)the money demand curve to shift to the left.
• B)the money demand curve to shift to the right.
• C)a movement up along the money demand curve.
• D)a movement down along the money demand curve.
• E)the money demand curve to become steeper.

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Definitions:

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Actual Loss

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