In the above figure, a movement from point B to point C represents
A)a decrease in the quantity of money demanded.
B)a increase in the quantity of money demanded.
C)an increase in the demand for money that might be the result of a fall in the price level.
D)an increase in the demand for money that might be the result of an increase in real GDP.
E)a decrease in the demand for money that might be the result of an increase in real GDP.

Question

In the above figure, a movement from point B to point C represents
A)a decrease in the quantity of money demanded. 
B)a increase in the quantity of money demanded. 
C)an increase in the demand for money that might be the result of a fall in the price level. 
D)an increase in the demand for money that might be the result of an increase in real GDP. 
E)a decrease in the demand for money that might be the result of an increase in real GDP.

Quizplus · Accepted Answer

The Answer of 
In the above figure, a movement from point B to point C represents
A)a decrease in the quantity of money demanded. 
B)a increase in the quantity of money demanded. 
C)an increase in the demand for money that might be the result of a fall in the price level. 
D)an increase in the demand for money that might be the result of an increase in real GDP. 
E)a decrease in the demand for money that might be the result of an increase in real GDP.

In the Above Figure, a Movement from Point B to Point