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If the Equation for the ________ Is Looked on as a Demand-For-Money

Question 193

Multiple Choice

If the equation for the ________ is looked on as a demand-for-money equation, then the demand for money depends on nominal income but not the interest rate.


A) real business cycle theory
B) quantity theory of money
C) Keynesian income-expenditure model
D) unanticipated inflation rate

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