The demand curve for money will shift to the right because of a:
A) fall in the interest rate.
B) rise in real GDP.
C) rise in the interest rate.
D) fall in real GDP.

Name: The demand curve for money will shift to the right because of a: A) fall in the interest rate. B) rise in real GDP. C) rise in the interest rate. D) fall in real GDP.
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Question

Quizplus · Accepted Answer

A rise in real GDP increases the demand for transactions, which in turn increases the demand for money, shifting the demand curve to the right.

The Demand Curve for Money Will Shift to the Right