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bedau bedau
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6 years ago
On a money demand diagram with the interest rate on the vertical axis, the real money balance demand schedule would be a vertical line under the assumption that
A) a lower interest rate raises the demand for real money.
B) a lower interest rate lowers the demand for real money balances.
C) the interest rate has no effect on the demand for real money balances.
D) balances.
E) a higher real GDP raises the demand for real money balances.
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Macroeconomics

Macroeconomics


Edition: 12th
Author:
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supersuinegsupersuineg
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bedau Author
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5 years ago
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