The demand for money is
A) positively related to the price level.
B) positively related to the nominal interest rate.
C) negatively related to the price level.
D) negatively related to real GDP.
E) positively related to the real interest rate.
Correct Answer:
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Q49: All else the same, when real GDP
Q50: If the price level falls, the
A) demand
Q51: If the price level rises, there is
A)
Q52: The _ the price level, the _.
A)
Q53: The demand for money increases and the
Q55: An increase in the price level leads
Q56: The quantity of money demanded is proportional
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
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