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In Which of the Following Cases Would the Quantity of Money

Question 143

Multiple Choice

In which of the following cases would the quantity of money demanded be largest?

A) r = 0.03,P = 1.4
B) r = 0.03,P = 1.2
C) r = 0.04,P = 1.2
D) r = 0.06,P = 1.0

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