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    Macroeconomics Study Set 41
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    Exam 8: Money, the Price Level, and Inflation
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    When Price Levels Rise, the Quantity of Nominal Money Demanded
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When Price Levels Rise, the Quantity of Nominal Money Demanded

Question 446

Question 446

Multiple Choice

When price levels rise, the quantity of nominal money demanded will __________and the quantity of real money demanded will _________.


A) increase; increase
B) increase; stay the same
C) increase; decrease
D) decrease; increase

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