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As the Price Level Decreases, What Happens to the Value

Question 35

Multiple Choice

As the price level decreases, what happens to the value of money?


A) It increases, so people want to hold more of it.
B) It increases, so people want to hold less of it.
C) It decreases, so people want to hold more of it.
D) It decreases, so people want to hold less of it.

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