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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,


Sagot :

Suppose that a typical basket of goods is now less expensive than it used to be. All else equal, we would expect the demand curve for money to shift inward. Thus, option B is correct.  

What is Goods?

Goods are things that fulfill human needs and offer usefulness, such as a buyer purchasing a fulfilling product. It is usual practice to distinguish between transferable products and non-transferable services.

Let's say that the cost of a typical bunch of items has decreased over time. If everything remained the same, we would anticipate a change in the equilibrium price for money.

Therefore, option B is the correct option.

Learn more about Goods , here:

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