When the money market is drawn with the value of money on the vertical axis, the price level increases if
a. money demand shifts right or money supply shifts left.
b. money demand shifts left or money supply shifts right.
c. either money demand or money supply shifts right.
d. either money demand or money supply shifts left.
Answers: 1
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When the money market is drawn with the value of money on the vertical axis, the price level increas...
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