According to the Interest-Rate Effect,an Increase in the Price Level

question 145

Multiple Choice

According to the interest-rate effect,an increase in the price level will

• A)increase money demand and interest rates.Investment declines.
• B)increase money demand and interest rates.Investment increases.
• C)increase money demand,reduce interest rates,and investment increases.
• D)decrease money demand and interest rates.Investment declines.

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