As the Price Level Decreases,the Value of Money

question 238

Multiple Choice

As the price level decreases,the value of money

• A)increases,so people must hold less money to purchase goods and services.
• B)increases,so people must hold more money to purchase goods and services.
• C)decreases,so people must hold more money to purchase goods and services.
• D)decreases,so people must hold less money to purchase goods and services.

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