Answer:
The correct answer is c. the money demand curve shifts to the left.
Explanation:
The demand curve graphically represents the relationship between the quantity of a good that consumers are willing to buy and its price.
When the demand curve shifts to the left it means that demand falls, either because income is lower, because tastes for the product decrease or because of a decrease in the prices of the competition, which in effect will cause decrease the quantities and the equilibrium prices.
