IF A CENTRAL BANK REDUCES THE MONEY SUPPLY, THIS MOVE WILL MOST LI...

38. - MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING VERSIONB QUESTIONS 2014
MOCK AND SAMPLE EXAMS CFA LEVEL I MOCK EXAM MORNING VERSIONB QUESTIONS 2014

38.

If a central bank reduces the money supply, this move will most likely lead to a: A. rise in nominal interest rates and a decline in aggregate price level. B. decline in nominal interest rates and a rise in aggregate price level. C. rise in nominal interest rates and a rise in aggregate price level.