In 2006, the price level in the United States. was 202. By 2007, it had increased to 207. As a result, the real demand for money and the demand for money curve over the 12 months.
A) decreased; shifted leftward
B) increased; shifted rightward
C) increased; shifted leftward
D) did not change; did not shift

Question

Quizplus · Accepted Answer

The Answer of In 2006, the price level in the United States. was 202. By 2007, it had increased to 207. As a result, the real demand for money and the demand for money curve over the 12 months.
A) decreased; shifted leftward
B) increased; shifted rightward
C) increased; shifted leftward
D) did not change; did not shift

In 2006, the Price Level in the United States