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An Increase in the Nominal Interest Rate,other Things Constant,will

Question 27

Multiple Choice

An increase in the nominal interest rate,other things constant,will:


A) shift the money demand curve to the right.
B) shift the money demand curve to the left.
C) increase the quantity of money people choose to hold.
D) decrease the quantity of money people choose to hold.
E) have no impact on the money demand curve.

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