When the Money Market Is Drawn with the Value of Money

question 123

Multiple Choice

When the money market is drawn with the value of money on the vertical axis,an increase in the price level causes a

• A)shift to the right of the money demand curve.
• B)shift to the left of the money demand curve.
• C)movement to the left along the money demand curve.
• D)movement to the right along the money demand curve.

---

Definitions:

Overt Behaviour

Observable actions or responses of an individual, visible and measurable by others.

Sigmund Freud

An Austrian neurologist and the founding father of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Behaviour Modification

A therapy approach that seeks to change undesirable behaviors through the use of reinforcement and punishment.

Self-reward

A process of giving oneself a reward to reinforce and encourage positive behavior or the completion of tasks.