Other things being constant,an increase in nominal GDP will generally increase the demand for money.

Name: Other things being constant,an increase in nominal GDP will generally increase the demand for money.
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An increase in nominal GDP will increase the economic activity and therefore the demand for money as more transactions will be taking place. As more money will be required to facilitate these transactions, the demand for money will generally increase.

Other Things Being Constant,an Increase in Nominal GDP Will Generally