-In the figure above,one factor NOT responsible for the decline in the demand for money is
A)a decline the price level.
B)a decline in income.
C)an increase in income.
D)a decline in the expected inflation rate.

Question

-In the figure above,one factor NOT responsible for the decline in the demand for money is
A)a decline the price level. 
B)a decline in income. 
C)an increase in income. 
D)a decline in the expected inflation rate.

Quizplus · Accepted Answer

An increase in income typically leads to an increase in the demand for money, as people have more money to spend and hold.

-In the Figure Above,one Factor NOT Responsible for the Decline