An increase in the price level will cause _____ in the value of money.
A) an increase
B) a decrease
C) a rotation
D) a reversal

Name: An increase in the price level will cause _____ in the value of money. A) an increase B) a decrease C) a rotation D) a reversal
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Question

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A rise in the price level means that you need more money to buy the same goods and services, which effectively decreases the value of money since each unit of currency now buys less than before.

An Increase in the Price Level Will Cause _____ in the Value