The money demand curve will shift to the left if:
A. the price level decreases.
B. the nominal interest rate decreases.
C. the nominal interest rate increases.
D. the price level increases.
Answer: A
Economics
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If consumers experience an increase in lifetime income, current spending will ________, current saving will ________, and future spending will ________
A) increase; increase; increase B) increase; decrease; decrease C) increase; decrease; increase D) increase; increase; decrease E) decrease; increase; increase
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The tendency of many different economic variables to have regular and predictable patterns over the business cycle is called
A) persistence. B) comovement. C) periodicity. D) recurrence.
Economics