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    The Economics of Money Banking Study Set 1
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    Exam 19: Quantity Theory, inflation and the Demand for Money
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    The Keynesian Demand for Real Balances Can Be Expressed as
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The Keynesian Demand for Real Balances Can Be Expressed as

Question 41

Question 41

Multiple Choice

The Keynesian demand for real balances can be expressed as


A) Md = f(i,Y) .
B) Md/P = f(i) .
C) Md/P = f(Y) .
D) Md/P = f(i,Y) .

Correct Answer:

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