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Title: If real income rises 5%, prices rise 3%, and nominal money demand rises 7%, what is the income elast Post by: johnpaul92 on Jan 30, 2016 If real income rises 5%, prices rise 3%, and nominal money demand rises 7%, what is the income elasticity of real money demand?
A) 6/7 B) 3/4 C) 4/5 D) 5/6 Title: Re: If real income rises 5%, prices rise 3%, and nominal money demand rises 7%, what is the income e Post by: supaman on Feb 4, 2016 Content hidden
Title: Re: If real income rises 5%, prices rise 3%, and nominal money demand rises 7%, what is the income elast Post by: johnpaul92 on Feb 13, 2016 Wow, you answered what I thought was impossible to answer, thank you!
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