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-In Figure, Which of the Following Is True

Question 69

Multiple Choice

  -In Figure, which of the following is true? A) Money demand is vertical. B) Money supply is vertical. C) As the interest rate increases, the quantity demanded of money also increases. D) As the interest rate decreases, the quantity demanded of money also decreases.
-In Figure, which of the following is true?


A) Money demand is vertical.
B) Money supply is vertical.
C) As the interest rate increases, the quantity demanded of money also increases.
D) As the interest rate decreases, the quantity demanded of money also decreases.

Correct Answer:

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