The quantity of money that people choose to hold is
A) positively related to the nominal interest rate.
B) positively related to real GDP.
C) negatively related to the price level.
D) positively related to the availability of ATM machines.
B
Economics
You might also like to view...
Compared to other countries, the United States has a relatively low share of consumption spending in GDP
Indicate whether the statement is true or false
Economics
North's (1955) theory of economic location is that of "balanced growth"—many industries in each region must advance at about the same time in order for economic growth to occur
Indicate whether the statement is true or false
Economics