The quantity of money people want to hold increases if
A) the price level falls.
B) the nominal interest rate rises.
C) real GDP increases.
D) All of the above answers are correct.
C
Economics
You might also like to view...
Proprietorships, partnerships, and corporations are the primary forms of
A) industries. B) business organization. C) principal-agent relationships. D) command-incentive relationships.
Economics
Describe how the level of U.S. military expenditures has varied as a percentage of GDP since 1945 . Provide a brief discussion of what caused the level of military expenditures to vary over the years
What will be an ideal response?
Economics