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Author Question: The demand for money is A) positively related to the nominal interest rate. B) positively ... (Read 62 times)

jeatrice

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on: Jun 30, 2018
The demand for money is
 
  A) positively related to the nominal interest rate.
  B) positively related to the real interest rate.
  C) positively related to the price level.
  D) negatively related to real GDP.
  E) negatively related to the price level.

Question 2

What is hyperinflation?
 
  What will be an ideal response?


jordangronback

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

Hyperinflation refers to an inflation rate which exceeds 50 percent per month.


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