MCQOPTIONS
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| 1. |
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 ? |
| A. | shifts money demand to the right and increases the interest rate |
| B. | None of these answers |
| C. | shifts money demand to the right and decreases the interest rate |
| D. | shifts money demand to the left and increases the interest rate |
| E. | shifts money demand to the left and decrease the interest rate |
| Answer» B. None of these answers | |