Refer to Figure 11.1. The money demand curve will shift from Md2  to Md1 if Group of answer choices interest rates fall. interest rates rise. the price level increases. nominal output decreases.

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Refer to Figure 11.1. The money demand curve will shift from Md2  to Md1 if
Group of answer choices
interest rates fall.
interest rates rise.
the price level increases.
nominal output decreases.
 
 
Interest rate (%)
E
Figure 11.1
C
A
D
B
Money
Mg
Ma
Transcribed Image Text:Interest rate (%) E Figure 11.1 C A D B Money Mg Ma
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