When the Money Market Is Depicted in a Diagram with the Value

question 117

Multiple Choice

When the money market is depicted in a diagram with the value of money on the vertical axis, in which situation does the price level decrease?

• A) if either money demand or money supply shifts right
• B) if either money demand or money supply shifts left
• C) if money demand shifts right or money supply shifts left
• D) if money demand shifts left or money supply shifts right

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