A rise in the price level causes the demand for money to ________ and the demand curve to shift to the ________
A) decrease; right
B) decrease; left
C) increase; right
D) increase; left
C
Business
You might also like to view...
The following per unit information is available for a new product of Red Ribbon Company:
Desired ROI $ 20 Fixed cost 40 Variable cost 60 Total cost 100 Selling price 120 Red Ribbon Company's markup percentage would be a) 33%. b) 50%. c) 17%. d) 20%.
Business
The interest rate that determines the amount of cash interest the borrower pays and the investor receives each year is called the ________
A) amortization rate B) market interest rate C) stated interest rate D) discounting rate
Business