logo
menu
Sign up
  1. Topics
  2. Business
  3. Macroeconomics Study Set 18
  4. Quiz 7: The Asset Market,Money,and Prices

Which of the Following Is Most Likely to Lead to a Decrease

Question 43
Multiple Choice

Which of the following is most likely to lead to a decrease of 10% in the nominal demand for money? A)An increase in real income of 5% B)A decrease in real income of 5% C)A decline of 10% in the price level D)An increase of 10% in the price level

Related questions
Q 44
Which of the following is most likely to lead to an increase of 1% in the nominal demand for money? A)An increase in real income of 0.5% B)A decrease in real income of 0.5% C)A decline of 1% in the price level D)An increase of 1% in the price level
Q 45
The opportunity cost of holding currency decreases when A)income decreases. B)the interest rate on bonds decreases. C)the interest rate on money decreases. D)wealth decreases.
Q 46
An increase in the real interest rate would cause an increase in the real demand for money A)no matter what the change in expected inflation. B)if expected inflation fell by less than the rise in the real interest rate. C)if expected inflation fell by the same amount as the rise in the real interest rate. D)if expected inflation fell by more than the rise in the real interest rate.
logo
QuizPlus
  • About
  • How it work
  • Pricing
Links
  • Privacy Policy
  • Terms And Conditions
  • Refund Policy
Contact Us
  • info@quizplus.com
© 2020 QuizPlus. All Right Reserved