All of the following shift the demand for money curve EXCEPT
A) a rise in the nominal interest rate.
B) an increase in the price level.
C) a decrease in real GDP.
D) an improvement in financial technology.
E) an increase in real GDP.
Question 2
Assume a competitive market is in equilibrium. There is an increase in demand, but no change in supply. As a result, the equilibrium price ________, and the equilibrium quantity ________.
A) rises; increases
B) falls; increases
C) falls; decreases
D) falls; does not change
E) rises; does not change
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