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Author Question: The quantity of real GDP rises with the price level, ceteris paribus. a. True b. False Indicate ... (Read 68 times)

fagboi

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on: Jun 30, 2018
The quantity of real GDP rises with the price level, ceteris paribus.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following statements is true?
 a. The speculative demand for money at possible interest rates gives the demand for money curve its upward slope.
  b. There is an inverse relationship between the quantity of money demanded and the interest rate.
  c. According to the quantity theory of money, any change in the money supply will have no effect on the price level.
  d. All of these.


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dawsa925

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

False

Answer to Question 2

b


fagboi

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

blakcmamba

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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