Money & Bank MCQ
MB Chapter 5
When real income ________, the demand curve for money shifts to the ________ and the interest rate ________, everything else held constant.
When real income ________, the demand curve for money shifts to the ________ and the interest rate ________, everything else held constant.
When real income ________, the demand curve for money shifts to the ________ and the interest rate ________, everything else held constant.
A) falls; right; rises
B) rises; right; rises
C) falls; left; rises
D) rises; left; rises
Answer: B
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