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Author Question: The demand for money and the interest rate are (Read 44 times)

melly21297

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Question 1

When the aggregate price level (
P) is multiplied by real aggregate income (
Y), the result is


◦ the aggregate money multiplier.
◦ the real aggregate price level.
◦ nominal income.
◦ aggregate money demand.

Question 2

The demand for money and the interest rate are


◦ positively related.
◦ negatively related.
◦ sometimes positively related and other times negatively related, depending on the condition of the economy.
◦ not related.


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Marked as best answer by melly21297 on Apr 19, 2019

bassamabas

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melly21297

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it


adammoses97

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Reply 3 on: Yesterday
Wow, this really help

 

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