FIGURE 27-1
-Refer to Figure 27-1. Given the money demand curve, MD, a decrease in the quantity of money demanded from M to M can be caused by
1
A) an increase in the price level.
B) a decrease in the price level.
C) an increase in real GDP.
D) an increase in the rate of interest.
E) a decrease in the rate of interest.
Correct Answer:
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