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Question

Suppose that a typical basket of goods is now less expensive than it used to be. All else equal, we would expect: O the demand curve for money to shift outward. O the demand curve for money to shift inward. O a downward movement along a fixed money demand curve, O an upward movement along a fixed money demand curve,

Answer

Assuming that a standard assortment of goods is now cheaper than before, when all other factors remain constant, we can expect the demand curve for money to shift inward. Conclusively, option B is the accurate choice. In terms of economics, goods refer to objects that satisfy human needs and are useful, for instance, a buyer purchasing a gratifying product. Typically, goods can be categorized as transferable products or non-transferable services. To illustrate, if the expense of a standard set of products declines over time and all other conditions remain unaltered, we should envisage a variation in the price equilibrium for money. Therefore, option B is a sound decision. For more information about goods, kindly visit brainly.com/question/29426090 #SPJ1.