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    Business
  3. Study Set
    Macroeconomics Study Set 41
  4. Exam
    Exam 8: Money, the Price Level, and Inflation
  5. Question
    If the Price Level Doubles, the
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If the Price Level Doubles, the

Question 159

Question 159

Multiple Choice

If the price level doubles, the


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

Correct Answer:

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