The nominal demand for money
A) does not depend on interest rates.
B) does not depend on the price level.
C) is positively related to the price level.
D) is positively related to the nominal interest rate.
Correct Answer:
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Q23: Money demand depends on
A)the price level and
Q24: If a government supplies more money than
Q26: Countries that employ an inflation tax do
Q27: The velocity of money is
A)highly unstable.
B)impossible to
Q27: If the nominal interest rate is 6
Q29: An inflation tax
A)is usually employed by governments
Q30: In the quantity theory of money
A)prices are
Q31: If real GDP falls and the nominal
Q32: If the money supply grows 5 per
Q33: If money is neutral,
A)an increase in the
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