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27 January, 16:30

Select the answers that correctly complete the given statements.

A decrease in real GDP causes a the money demand curve.

An increase in technology which makes it easier to pay for goods and services without carrying lots of cash causes a the money demand curve.

A decrease in interest rates causes a the money demand curve.

An increase in the aggregate price level causes a the money demand curve.

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Answers (1)
  1. 27 January, 17:56
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    leftward shift of

    leftward shift of

    movement along

    rightward shift of

    Explanation:

    The right answers to complete the given statements are that;

    A decrease in real GDP causes leftward shift of the money demand curve.

    An increase in technology which makes it easier to pay for goods and services without carrying lots of causes a leftward shift of the money demand curve

    A decrease in interest rates causes a movement along the money demand curve.

    An increase in the aggregate price level causes a rightward shift of the money demand curve.
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