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:

Open Shop

A workplace where membership in a union is not a requirement for employees to be hired or maintain their positions.

Nonunion Members

Individuals who are employed in a workplace represented by a labor union but choose not to join or associate with the union.

Union

An organization formed by workers in various sectors to negotiate with their employers for better wages, working conditions, and benefits.

Trial Period

A trial period is a pre-defined time frame during which a product or service can be tested or used before full commitment or purchase is required.