The quantity of money demanded is proportional to
A) the inflation rate.
B) real GDP.
C) the price level.
D) the real interest rate.
E) the nominal interest rate.
Correct Answer:
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Q51: If the price level rises, there is
A)
Q52: The _ the price level, the _.
A)
Q53: The demand for money increases and the
Q54: The demand for money is
A) positively related
Q55: An increase in the price level leads
Q57: If real GDP decreases, the
A) demand for
Q58: The demand for money increases and the
Q59: As the economy enters a strong expansion
Q60: The _ real GDP, the _.
A) larger;
Q61: From the 1970s to 2008, as a
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