-In the above figure, a movement from point C to point B could be explained by
A) an increase in the price level.
B) an increase in the quantity of money in circulation.
C) increased government taxation.
D) the real-balance effect.

Question

-In the above figure, a movement from point C to point B could be explained by
A) an increase in the price level. 
B) an increase in the quantity of money in circulation. 
C) increased government taxation. 
D) the real-balance effect.

Quizplus · Accepted Answer

The Answer of 
-In the above figure, a movement from point C to point B could be explained by
A) an increase in the price level. 
B) an increase in the quantity of money in circulation. 
C) increased government taxation. 
D) the real-balance effect.

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