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    Macroeconomics Study Set 40
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    Exam 8: Money, the Price Level, and Inflation
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    The Quantity of Nominal Money People Want to Hold Decreases
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The Quantity of Nominal Money People Want to Hold Decreases

Question 413

Question 413

Multiple Choice

The quantity of nominal money people want to hold decreases if


A) the price level falls.
B) real GDP decreases.
C) the interest rate rises.
D) All of the above answers are correct.

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