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Figure 34-4 ​

Question 147

Multiple Choice

Figure 34-4 Figure 34-4 ​ ​ -Refer to Figure 34-4. Which of the following events could explain a shift of the money-demand curve from MD<sub>1</sub> to MD<sub>2</sub>? A) An increase in the price level B) An increase in the cost of borrowing C) A decrease in the price level D) A decrease in the cost of borrowing ​
​
-Refer to Figure 34-4. Which of the following events could explain a shift of the money-demand curve from MD1 to MD2?


A) An increase in the price level
B) An increase in the cost of borrowing
C) A decrease in the price level
D) A decrease in the cost of borrowing

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