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The money demand curve has a

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9 years ago

The money demand curve has a

The money demand curve has a
A) negative slope because an increase in the interest rate decreases the quantity of money demanded.
B) positive slope because an increase in the interest rate increases the quantity of money demanded.
C) negative slope because an increase in the price level decreases the quantity of money demanded.
D) positive slope because an increase in the price level increases the quantity of money demanded.

Textbook

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

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