If money demand shifts right, the price level falls

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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If ‘C' denotes consumption expenditure, ‘I' denotes investment expenditure, ‘G' denotes government expenditure and ‘X' denotes net exports, then C + I + G + X equals:

a. net national product. b. disposable personal income. c. net exports. d. personal income. e. gross domestic product.

Economics

In a free market, what happens if there is a surplus? The price ________.

falls rises stays the same rises in the short run and falls back to its original level in the long run

Economics