An increase in the aggregate price level: A) increases the demand for money. B) shifts the demand for money to the left. C) does not affect the demand for money. D) decreases the demand for money.
An increase in the aggregate price level: A) increases the demand for money. B) shifts the demand for money to the left. C) does not affect the demand for money. D) decreases the demand for money.
Chapter26: Monetary Policy
Section: Chapter Questions
Problem 5SQ
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Question
An increase in the aggregate price level: |
|
|
|
A) |
increases the |
|
B) |
shifts the demand for money to the left. |
|
C) |
does not affect the demand for money. |
|
D) |
decreases the demand for money. |
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