The ratio of currency to GDP in the United States over the past four decades
A) fell slightly until 1990 then rose sharply; this indicates a recent increase in the sensitivity of currency demand to changes in the real interest rate.
B) fell significantly over the entire period; this indicates a positive correlation between currency demand and the real interest rate.
C) rose slightly until 1990 then fell sharply; this indicates limited sensitivity in currency demand to changes in the real interest rate.
D) held remarkably constant; this indicates absolutely no sensitivity in currency demand to changes in the real interest rate.
E) none of the above.

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The Answer of The ratio of currency to GDP in the United States over the past four decades
A) fell slightly until 1990 then rose sharply; this indicates a recent increase in the sensitivity of currency demand to changes in the real interest rate.
B) fell significantly over the entire period; this indicates a positive correlation between currency demand and the real interest rate.
C) rose slightly until 1990 then fell sharply; this indicates limited sensitivity in currency demand to changes in the real interest rate.
D) held remarkably constant; this indicates absolutely no sensitivity in currency demand to changes in the real interest rate.
E) none of the above.

The Ratio of Currency to GDP in the United States