Which of the following changes will shift the money demand rightward?
a. An increase in the price level
b. A decrease in real GDP
c. A decrease in the nominal interest rate
d. An increase in the nominal interest rate
e. A decrease in the price level
a
Economics
You might also like to view...
Explain the relationship between the interest rate on a bond and the default risk on a bond
What will be an ideal response?
Economics
Empirical evidence suggests that economies of scale, advertising and image differentiation, and risk spreading all help account for the large-scale production that exists in many sectors of the economy
Indicate whether the statement is true or false
Economics