When interest rates rise,?

Possible Answers:
-the money demand curve shifts leftward.
-there is an upward and leftward movement along the money demand curve.
-the money demand curve shifts rightward.
-there is a downward and rightward movement along the money demand curve.

Answer:
Actually, interest rates are the equivalent of the price of money, so, if price goes up, quantity demanded will go down, so it will be an upward and leftward movement along the money demand curve.
THE MONEY DEMAND CURVE SHIFTS upward and leftward movement along the money demand curve.
there is an upward and leftward movement along the money demand curve.
Three correct answers in a row! You guys are good.
Some good advice about economics- the money demand curve does not have to be downwards sloping. If you consider an IS-LM framework, it is upwards sloping. You should specify what is on the axes first before you ask a question about contractions along a demand curve. However, there will always be a shift in a money demand curve if interest rates rise, as the opportunity cost of holding money goes up, and the overall demand for money goes down, not just the quantity of money demanded.

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