Multiple Choice
The demand for money is:
A) positively related to nominal GDP and to the level of interest rates available on other financial assets.
B) negatively related to nominal GDP and to the level of interest rates available on other financial assets.
C) positively related to nominal GDP and negatively related to the level of interest rates available on other financial assets.
D) negatively related to nominal GDP and positively related to the level of interest rates available on other financial assets.
Correct Answer:
Verified
Correct Answer:
Verified
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