Which of the Following Is Correct

question 80

Multiple Choice

Which of the following is correct?

• A)A higher price level shifts money demand rightward.
• B)When money demand shifts rightward,the interest rate rises.
• C)A higher interest rate reduces the quantity of goods and services demanded.
• D)All of the above are correct.

---

Definitions:

Social Responsibility

Business’s consideration of society’s well-being and consumer satisfaction, in addition to profits.

Economic Issues

Problems or concerns related to the production, distribution, and consumption of goods and services in an economy.

Gatekeeping

The process of controlling or limiting general access to something, such as information, resources, or market entry, typically by a person or organization in a position of power.

Quality of Life

The general well-being of individuals and societies, encompassing material living conditions (income, employment, housing) and quality aspects (health, education, environment).