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    Business
  3. Study Set
    Macroeconomics Policy and Practice
  4. Exam
    Exam 10: Monetary Policy and Aggregate Demand
  5. Question
    As Income Rises ________
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As Income Rises ________

Question 24

Question 24

Multiple Choice

As income rises ________.


A) the number of transactions households and firms undertake should increase
B) wealth also rises
C) demand for real money balances should increase
D) all of the above
E) none of the above

Correct Answer:

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