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Economics
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ENGLISH
Economics
When supply and demand for money are expressed in a graph with the interest rate on the vertical axis and the quantity of money on the horizontal axis an increase in the price level ?
shifts money demand to the right and increases the interest rate
Correct answer
B
None of these answers
Option B
C
shifts money demand to the right and decreases the interest rate
Option C
D
shifts money demand to the left and increases the interest rate
Option D
Correct answer: A
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