Which of the following would cause the money demand curve to shift to the left?
A. An increase in GDP
B. A technological advance, like online shopping
C. An increase in interest rates
D. Inflation
Answer: B
You might also like to view...
According to Keynesian economics, if there are unutilized resources in the economy and aggregate demand increases
A) real GDP will fall and price level will remain constant. B) real GDP will rise and price level will remain constant. C) real GDP will rise and price level will fall. D) real GDP will rise and price level will rise.
Describe the potential benefits and the potential costs to global trade of the tremendous growth in regional trade agreements
What will be an ideal response?
Explain how monopsony might affect the market for labor.
What will be an ideal response?
A growing economy can result in
A. less access to communication technology. B. less government corruption. C. a higher incidence of malnutrition. D. fewer newborn deaths.