Refer to the information provided in Figure 25.1 below to answer ...

[Kthamas]

Question 1

Refer to the information provided in Figure 25.1 below to answer the question(s) that follow.










Refer to Figure 25.1. A movement from Point 
A to Point 
C can be caused by

◦ a decrease in nominal income.
◦ an increase in nominal income.
◦ a decrease in the interest rate.
◦ an increase in the interest rate.

Question 2

Refer to the information provided in Figure 25.1 below to answer the question(s) that follow.










Refer to Figure 25.1. A movement from Point 
A to Point 
D can be caused by

◦ a decrease in nominal income.
◦ an increase in the interest rate.
◦ a decrease in the interest rate.
◦ an increase in nominal income.

[jasonq]

Answer 1

an increase in the interest rate.

Answer 2

an increase in nominal income.

[Lisaclaire]

Question 1

Refer to the information provided in Figure 25.1 below to answer the question(s) that follow.










Refer to Figure 25.1. The money demand curve will shift from
  to 
 if

◦ the price level increases.
◦ nominal income decreases.
◦ interest rates fall.
◦ interest rates rise.

Question 2

Refer to the information provided in Figure 25.1 below to answer the question(s) that follow.










Refer to Figure 25.1. The movement from 
A to 
B could be caused by

◦ a decrease in the interest rate.
◦ an increase in the interest rate.
◦ a decrease in nominal income.
◦ an increase in the price level.

[HandsomeMarc]

Answer 1

nominal income decreases.

Answer 2

a decrease in the interest rate.

[Lisaclaire]

Thanks

[HandsomeMarc]

Welcome