Business
Business, 19.12.2019 19:31, loistaylor1819

As the price level rises, the value of money

a. increases, so people must hold more money to purchase goods and services.
b. increases, so people must hold less money to purchase goods and services.
c. decreases, so people must hold less money to purchase goods and services.
d. decreases, so people must hold more money to purchase goods and services.

answer
Answers: 2

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As the price level rises, the value of money

a. increases, so people must hold more mon...

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