If real GDP increased by 3% over the next year, we should expect
A) a decrease in demand for M1 by 3%
B) an increase in demand for M1 by 3%
C) an increase in demand for M1 by more than 3%
D) an increase in demand for M1 by less than 3%
E) no change in demand for M1
Correct Answer:
Verified
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A)increases
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