The absence of money illusion means that
A) as real income doubles, the demand for money doubles.
B) as interest rates double, the demand for money doubles.
C) as the money supply doubles, the demand for money doubles.
D) as the price level doubles, the demand for money doubles.
D
Economics
You might also like to view...
Which of the following can only be sold back to the firm that issued them?
A) exchange-traded funds B) mutual funds C) bonds D) stocks
Economics
Rising healthcare costs are attributable to
A) people living longer and desiring more care. B) reliance on expensive technology to support and prolong life. C) third-party financing of healthcare costs. D) all of the above.
Economics