If the interest rate increases, then the real demand for money also increases.
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Q9: If a person holds one dollar and
Q10: Fiat money is money that has value
Q11: The neutrality of money means that one
Q12: US M1 money includes:
A)currency held by the
Q13: US M2 money includes:
A)currency, time deposits government
Q15: When households reduce their average money balances,
Q16: US M2 money includes:
A)currency.
B)demand deposits
C)small time deposits.
D)all
Q17: If the money supply grows faster than
Q18: If households reduce money balances, then their
Q19: Money is different from other assets like
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