________ is a good measure of the opportunity cost of holding money.
A) The real interest rate
B) Liquidity preference
C) Real income
D) The inflation rate
E) none of the above
Correct Answer:
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Q46: The aggregate demand curve is Y =
Q47: Factors that shift the AD Curve include
Q48: "Real money balances" refers to _.
A)the quantity
Q49: If the Federal Reserve raises interest rates
Q50: The liquidity preference theory distinguishes between _.
A)nominal
Q52: If the Federal Reserve raises interest rates
Q53: The IS curve is Y = 20
Q54: An increase in inflation leads to higher
Q55: An increase in autonomous spending leads to
Q56: Shifts of the _ curves result from
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