________ real GDP increases the demand for money and ________ the nominal interest rate decreases the quantity of money demanded
A) Increasing; increasing
B) Increasing; decreasing
C) Decreasing; increasing
D) Decreasing; decreasing
A
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Suppose the required reserve ratio is 20%. What is the maximum amount of total money supply that can be created from an initial deposit of $200? In general, why might the actual amount of total money creation be less than the maximum?
A country recently had 500 billion euros of national saving and 200 billion euros of domestic investment. What was its net capital outflow? What was its quantity of loanable funds demanded?
If real GDP in a year was $4,031 billion and the price index was 124, then nominal GDP in that year was approximately:
a. $5,121 billion b. $4,445 billion c. $5,233 billion d. $4,998 billion
All of the following are responsible for the removal of the formal trade barriers EXCEPT
A) the General Agreement on Tariffs and Trade (GATT). B) the World Trade Organization (WTO). C) regional trade agreements such as NAFTA. D) the World Bank and the IMF.