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Author Question: Assume that the demand for money depends on the interest rate. An increase in the money supply will ... (Read 57 times)

bobthebuilder

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Question 1

If the demand for money depends on the interest rate, then a ________ in the money supply will increase nominal GDP by ________.


◦ 5% increase; more than 5%
◦ 5% increase; less than 5%
◦ 5% decrease; more than 5%
◦ 5% decrease; exactly 5%

Question 2

Assume that the demand for money depends on the interest rate. An increase in the money supply will cause the interest rate to ________, the quantity demanded of money to ________, and the velocity of money to ________.


◦ decrease; decrease; decrease
◦ increase; decrease; increase
◦ decrease; increase; decrease
◦ decrease; increase; increase


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Marked as best answer by bobthebuilder on Apr 19, 2019

lin77x

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bobthebuilder

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


jackie

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Reply 3 on: Yesterday
Excellent

 

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