An increase in the interest rate could have been caused by

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A. a rise in the price level causing the money-demand curve to shift leftward.

B. a fall in the price level causing the money-demand curve to shift rightward.

C. a rise in the price level causing the money-demand curve to shift rightward.

D. a fall in the price level causing the money-demand curve to shift leftward.

Reference no: EM131166551

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