Multiple Choice
If the demand for money decreases, but the Fed keeps the money supply the same:
A) nominal interest rates will rise and aggregate demand will fall.
B) nominal interest rates will rise and aggregate demand will rise.
C) nominal interest rates will fall and aggregate demand will fall.
D) nominal interest rates will fall and aggregate demand will rise.
Correct Answer:
Verified
Correct Answer:
Verified
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Q17: Based on the situation depicted in the