Consider the Demand for Money Curve

question 31

Multiple Choice

Consider the demand for money curve.As we move up and to the left along the curve,the opportunity cost of holding money

• A)is increasing,so households and firms increase their desired money holdings.
• B)is increasing,so households and firms decrease their desired money holdings.
• C)is declining,so households and firms decrease their desired money holdings.
• D)is declining,so households and firms increase their desired money holdings.

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