When the Money Market Is Drawn with the Value of Money

question 32

Multiple Choice

When the money market is drawn with the value of money on the vertical axis,as the price level increases,the value of money

• A)increases,so the quantity of money demanded increases.
• B)increases,so the quantity of money demanded decreases.
• C)decreases,so the quantity of money demanded decreases.
• D)decreases,so the quantity of money demanded increases.

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