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    Macroeconomics Study Set 41
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    Exam 8: Money, the Price Level, and Inflation
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    Which of the Following Is Correct? the Demand for Money
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Which of the Following Is Correct? the Demand for Money

Question 113

Question 113

Multiple Choice

Which of the following is correct? The demand for money


A) decreases as the price level increases.
B) increases as real GDP increases.
C) increases when the nominal interest rate rises.
D) depends on the quantity of money.

Correct Answer:

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