Question: SRAS -- . A. is vertical B. is parabolic C. has mixed slope D. is horizontal E. has negative slope If interest rate increases, money

SRAS -- . A. is vertical B. is parabolic C. has

SRAS -- . A. is vertical B. is parabolic C. has mixed slope D. is horizontal E. has negative slope If interest rate increases, money demand will ---; if income increases, money demand will -- A. increase/decrease B. decrease/increase C. decrease/remain constant D. decrease/decrease E. increase/increase When M is constant, if price level increases, then real money balances will ---. A. shift to right B. remain constant C. increase D. shift lo left E. decrease

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