
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559
Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 40
Circle the letter that corresponds to the best answer. As the price level rises, the amount of money demanded for transactions purposes ____________.
A) rises
B) falls
C) remains about the same
A) rises
B) falls
C) remains about the same
Explanation
The rise in the price levels means that ...
Macroeconomics 11th Edition by Stephen Slavin
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