Which of the following would cause the money demand curve to shift to the left?
A. An increase in interest rates
B. Inflation
C. A technological advance, like online shopping
D. An increase in GDP
C. A technological advance, like online shopping
Economics
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In the Classical system, the interest rate is determined by all of the following except
A) the thriftiness of the public. B) the money supply. C) the productivity of capital. D) investment.
Economics
Explain how an increase in the public's taste towards less leisure would affect the labor market, the production function, and aggregate output. Provide graphs to illustrate
What will be an ideal response?
Economics