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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 Real GDP Increases, People Demand
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When Real GDP Increases, People Demand

Question 502

Question 502

Multiple Choice

When real GDP increases, people demand


A) more money in nominal terms but less in real terms.
B) more real money.
C) less real money.
D) the same quantity of real money.

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