An increase in the demand for money immediately causes a
a.) surplus of money, and prices must rise.
b.) shortage of money, and prices must rise.
c.) surplus of money, and prices must fall.
d.) None of the above.
Answer: d
An increase in the demand for money immediately causes a
a.) surplus of money, and prices must rise.
b.) shortage of money, and prices must rise.
c.) surplus of money, and prices must fall.
d.) None of the above.
Answer: d