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In the Baumol-Tobin Analysis of the Demand for Money,either an Increase

Question 11

Multiple Choice

In the Baumol-Tobin analysis of the demand for money,either an increase in ________ or an increase in ________ increases money demand.

A) income;interest rates
B) brokerage fees;interest rates
C) interest rates;the price level
D) brokerage fees;income

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