A-LevelEconomicsThe macroeconomy9708/31 · Oct/Nov 2017 · Q231 Mark

What will cause a fall in the quantity of money demanded?

A a rise in interest rates B a rise in national income C a rise in the price level D a rise in wealth[1]

Mark scheme

Marking points from the official mark scheme (Oct/Nov 2017). The mark or mark type is shown in brackets.

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Topic: The macroeconomy, A-Level Economics (syllabus 9708). Structured question, 1 mark.
Source: A-Level Economics, Oct/Nov 2017 Paper 3 Variant 1, question 23.

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