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    Macroeconomics A Contemporary Introduction Study Set 1
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    Exam 15: Monetary Theory and Policy
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    The Demand for Money in an Economy Is High When
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The Demand for Money in an Economy Is High When

Question 37

Question 37

Multiple Choice

The demand for money in an economy is high when the:


A) real GDP is low.
B) personal tax rate is low.
C) unemployment rate is high.
D) price level is high.
E) interest rate is high.

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