When the Money Market Is Drawn with the Value of Money

question 168

Multiple Choice

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

Token Economy

A token economy is a behavior modification system used to increase desirable behavior and decrease undesirable behavior with the use of tokens (symbols) that can be exchanged for rewards.

Behavior Therapy

A therapeutic approach that seeks to change potentially self-destructive or unhealthy behaviors through a variety of techniques.

Psychodynamic Therapy

A therapeutic approach that emphasizes unconscious psychological processes and childhood experiences in influencing current behavior and thoughts.

Cognitive Therapy

A form of psychotherapy that focuses on changing unhelpful or destructive thoughts and behaviors by challenging and altering cognitive distortions.