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NYC NYC
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8 years ago
If the demand for money depends on the interest rate, then a ________ in the money supply will increase nominal GDP by ________.
A) 10% decrease; more than 10%
B) 10% increase; less than 10%
C) 10% decrease; exactly 10%
D) 10% increase; more than 10%
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
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JesslynJesslyn
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NYC Author
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#2
8 years ago
Perfect answer, thank you
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