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Figure 15.3 -Refer to Figure 15.3. Other Things Being Equal, If Real

Question 91

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Figure 15.3
 
-Refer to Figure 15.3. Other things being equal, if real GDP is equal to $900 billion, then the

Figure 15.3
Figure 15.3    -Refer to Figure 15.3. Other things being equal, if real GDP is equal to $900 billion, then the A)  money demand curve will be to the left of the one shown in the figure. B)  quantity of money demanded will be less than $400 billion and can be illustrated by a downward movement along the money demand curve. C)  quantity of money demanded will be greater than $400 billion and can be illustrated by an upward movement along the money demand curve. D)  investment demand curve will be to the left of the one illustrated in the figure. E)  money demand curve will be to the right of the one illustrated in the figure.
-Refer to Figure 15.3. Other things being equal, if real GDP is equal to $900 billion, then the


A) money demand curve will be to the left of the one shown in the figure.
B) quantity of money demanded will be less than $400 billion and can be illustrated by a downward movement along the money demand curve.
C) quantity of money demanded will be greater than $400 billion and can be illustrated by an upward movement along the money demand curve.
D) investment demand curve will be to the left of the one illustrated in the figure.
E) money demand curve will be to the right of the one illustrated in the figure.

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