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  3. Study Set
    Macroeconomics Study Set 40
  4. Exam
    Exam 8: Money, the Price Level, and Inflation
  5. Question
    If the Price Level Rises, the Quantity of
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If the Price Level Rises, the Quantity of

Question 363

Question 363

Multiple Choice

If the price level rises, the quantity of


A) real money people demand decreases.
B) real money people demand increases.
C) nominal money people demand increases.
D) nominal money people demand decreases.

Correct Answer:

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