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johnpaul92 johnpaul92
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8 years ago
An increase in expected inflation is likely to cause
A) a decline in the demand for real balances.
B) no change in the demand for real balances.
C) no change in the demand for real balances only if the income elasticity of real money demand is zero.
D) an increase in the demand for real balances.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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#1
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8 years ago
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johnpaul92 Author
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#2
8 years ago
Wow, you answered what I thought was impossible to answer, thank you!
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#3
8 years ago
Every little bit helps, right? Glad I solved your question
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