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An Increase in the Interest Rate Could Have Been Caused

Question 97

Multiple Choice

An increase in the interest rate could have been caused by


A) a fall in the price level causing the money-demand curve to shift leftward.
B) a fall in the price level causing the money-demand curve to shift rightward.
C) a rise in the price level causing the money-demand curve to shift leftward.
D) a rise in the price level causing the money-demand curve to shift rightward.

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