The money demand curve will shift to the right if:
A)the nominal interest rate increases.
B)real income increases.
C)ATM machines are introduced.
D)the price level decreases.

Name: The money demand curve will shift to the right if: A)the nominal interest rate increases. B)real income increases. C)ATM machines are introduced. D)the price level decreases.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

If real incomes increase, people desire to spend more money at all nominal interest rates. The money demand curve shifts to the right.

The Money Demand Curve Will Shift to the Right If