The transactions demand for money will shift to the: Multiple Choice right when aggregate income decreases. left when the interest rate decreases. right when aggregate income increases. right when the interest rate increases.

Economics For Today
10th Edition
ISBN:9781337613040
Author:Tucker
Publisher:Tucker
Chapter26: Monetary Policy
Section: Chapter Questions
Problem 16SQ
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The transactions demand for money will shift to the:
Multiple Choice
right when aggregate income decreases.
left when the interest rate decreases.
right when aggregate income increases.
right when the interest rate increases.
Transcribed Image Text:The transactions demand for money will shift to the: Multiple Choice right when aggregate income decreases. left when the interest rate decreases. right when aggregate income increases. right when the interest rate increases.
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