For a Given Fixed Price Level, an Increase in the Money

question 16

Multiple Choice

For a given fixed price level, an increase in the money supply will lead to:

• A)an increase in the interest rate, which in turn decreases the quantity of goods and services demanded
• B)an increase in the interest rate, which in turn increases the quantity of goods and services demanded
• C)a fall in the interest rate, which in turn increases the quantity of goods and services demanded
• D)a fall in the interest rate, which in turn decreases the quantity of goods and services demanded

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Definitions:

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