An increase in the price level leads to -------------------- in the demand for money and an increase in real GDP leads to -------------------- in the demand for money.
A) an increase; a decrease
B) an increase; an increase
C) no change; an increase
D) an decrease; a increase
E) a decrease; a decrease
Correct Answer:
Verified
Q67: In the long run, the real interest
Q68: An increase in real GDP leads to
Q69: Q70: Using the quantity theory of money, in Q71: If the inflation rate increases, Q73: The demand for money curve slopes downward Q74: The difference between the nominal interest rate Q75: The quantity of money demanded is the Q76: During an inflation, a household with savings Q77: The demand for money increases and the
A)real GDP growth
A)sum
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