The demand for money curve shifts rightward if
A) the price level falls.
B) real GDP increases.
C) financial innovation creates new substitutes for cash.
D) the nominal interest rate falls.
Correct Answer:
Verified
Q341: Which of the following is correct? The
Q342: The quantity of money that people choose
Q343: When real GDP increases, people demand
A) more
Q344: An increase in real GDP
A) leads to
Q345: When the nominal interest rate rises, the
Q347: The quantity of money people want to
Q348: An increase in the nominal interest rate
Q349: The higher the nominal interest rate, the
A)
Q350: An increase in the opportunity cost of
Q351: Which of the following decreases the demand
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