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Other Fields Homework Help Economics Topic started by: johnpaul92 on Jan 30, 2016



Title: If the nominal money supply doubles while real money demand is unchanged, what happens to the price
Post by: johnpaul92 on Jan 30, 2016
If the nominal money supply doubles while real money demand is unchanged, what happens to the price level?
A) The price level increases by a factor of four.
B) The price level falls by one-half.
C) The price level doubles.
D) The price level is unchanged.


Title: Re: If the nominal money supply doubles while real money demand is unchanged, what happens to the pr
Post by: supaman on Feb 4, 2016
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Title: Re: If the nominal money supply doubles while real money demand is unchanged, what happens to the price
Post by: johnpaul92 on Feb 13, 2016
This answers my question, thank you so much


Title: Re: If the nominal money supply doubles while real money demand is unchanged, what happens to the price
Post by: supaman on Feb 14, 2016
Every little bit helps, right? Glad I solved your question