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    Macroeconomics Study Set 2
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    Exam 12: Money, Banking, Prices, and Monetary Policy
  5. Question
    When the Nominal Interest Rate Increases,the Quantity of Credit Card
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When the Nominal Interest Rate Increases,the Quantity of Credit Card

Question 10

Question 10

Multiple Choice

When the nominal interest rate increases,the quantity of credit card services


A) increases.
B) decreases.
C) stays constant.
D) moves in unpredictable ways.

Correct Answer:

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