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Refer to the Diagram Below for the Market for Money

Question 198

Multiple Choice

Refer to the diagram below for the market for money. Other things equal, the money demand curve in the diagram would shift leftward if: Refer to the diagram below for the market for money. Other things equal, the money demand curve in the diagram would shift leftward if: A) the asset demand for money increased. B) the transactions demand for money increased. C) nominal GDP decreased. D) the overall price level rose.


A) the asset demand for money increased.
B) the transactions demand for money increased.
C) nominal GDP decreased.
D) the overall price level rose.

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