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    Economics-Macroeconomics
  4. Exam
    Exam 8: Money, the Price Level, and Inflation
  5. Question
    When Real GDP Increases, People Demand
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When Real GDP Increases, People Demand

Question 31

Question 31

Multiple Choice

When real GDP increases, people demand


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

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