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Author Question: All of the following shift the demand for money curve EXCEPT A) a rise in the nominal interest ... (Read 93 times)

amal

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on: Jun 29, 2018
All of the following shift the demand for money curve EXCEPT
 
  A) a rise in the nominal interest rate.
  B) an increase in the price level.
  C) a decrease in real GDP.
  D) an improvement in financial technology.
  E) an increase in real GDP.

Question 2

Assume a competitive market is in equilibrium. There is an increase in demand, but no change in supply. As a result, the equilibrium price ________, and the equilibrium quantity ________.
 
  A) rises; increases
  B) falls; increases
  C) falls; decreases
  D) falls; does not change
  E) rises; does not change
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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coreycathey

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


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