Supply of money remaining the same when there is an increase in demand for money, there will be
Aa fall in the level of prices
Ban increase in the rate of interest
Ca decrease in the rate of interest
Dan increase in the level of income and employment
Answer & Solution
Correct answer: B. an increase in the rate of interest
UPSC CSE Prelims 2013 (GS-I, Set A), Q.85. Official answer key: B.
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