The Price Level Rises If Either

question 11

Multiple Choice

The price level rises if either

• A)money demand shifts rightward or money supply shifts leftward;this rise in the price level is associated with a rise in the value of money.
• B)money demand shifts rightward or money supply shifts leftward;this rise in the price level is associated with a fall in the value of money.
• C)money demand shifts leftward or money supply shifts rightward;this rise in the price level is associated with a rise in the value of money.
• D)money demand shifts leftward or money supply shifts rightward;this rise in the price level is associated with a fall in the value of money.

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