Figure 34-4. On the figure, MS represents money supply and MD represents money demand. 
-Refer to Figure 34-4. Which of the following events could explain a shift of the money-demand curve from MD1 to MD2?
A) a decrease in the price level
B) a decrease in the cost of borrowing
C) an increase in the price level
D) an increase in the cost of borrowing
Correct Answer:
Verified
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