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

Question

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

Quizplus · Accepted Answer

A movement from point A to point B on a demand curve typically represents a change in the quantity demanded due to a change in the price or interest rate, not a shift in the demand curve itself.

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