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  3. Study Set
    Money Banking and Financial Markets
  4. Exam
    Exam 19: Quantity Theory, inflation and the Demand for Money
  5. Question
    Keynes Hypothesized That the Transactions Component of Money Demand Was
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Keynes Hypothesized That the Transactions Component of Money Demand Was

Question 26

Question 26

Multiple Choice

Keynes hypothesized that the transactions component of money demand was primarily determined by the level of


A) interest rates.
B) velocity.
C) income.
D) stock market prices.

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