Which of the Following,other Things Constant,will Shift the Money Demand

question 183

Multiple Choice

Which of the following,other things constant,will shift the money demand curve to the left?

• A)an increase in the interest rate
• B)a decrease in the interest rate
• C)a decrease in real GDP
• D)an increase in real GDP
• E)an increase in the price level

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Definitions:

Materially Changed

Refers to a significant alteration in the condition or content of a document, item, or agreement that affects its utility or value.

Obligations

Duties or responsibilities imposed by law, contract, or moral duty that require a party to act or refrain from acting in a certain way.

Commercial Unit

Under the UCC, any unit of goods that is treated by commercial usage as a single whole. It may, for example, be a single article or a set of articles such as a dozen, bale, gross, or carload.

Accepted only

A condition or specification that only the accepted or approved items, proposals, or bids are considered, excluding all others.