If the price level rises, the quantity of
A) nominal money people demand increases.
B) real money people demand increases.
C) nominal money people demand decreases.
D) real money people demand decreases.
A
Economics
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How many directors are on the boards for each of the 12 Federal Reserve banks?
(A) 12 (B) 7 (C) 15 (D) 9
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The marginal propensity to consume measures the ratio of the:
a. average amount of our income that we spend. b. average amount of our savings that we spend. c. change in consumer spending to a change in money holdings. d. change in consumer spending to a change in interest rates. e. change in consumer spending to a change in income.
Economics