Why is the demand for real money balances related to the nominal interest rate,rather than the real interest rate?
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Q76: As the nominal interest rate increases _.
A)it
Q77: Typically,central banks increase the supply of money
Q78: When people are holding money in excess
Q79: The supply curve for money _.
A)is upward
Q80: A leftward shift of the money supply
Q82: If the nominal interest rate is above
Q83: If the nominal interest rate is above
Q84: Suppose real output is 12,500,and the demand
Q85: When the Federal Reserve increases the money
Q86: If your local bank buys a few
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