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Business, 06.08.2019 04:30 diamondgray2003

Which of the following is correct?
a. a higher price level shifts money demand rightward.
b. when money demand shifts rightward, the interest rate rises.
c. a higher interest rate reduces the quantity of goods and services demanded.
d. all of the above are correct.

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Answers: 2

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You know the right answer?
Which of the following is correct?
a. a higher price level shifts money demand rightward.

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