The current demand for money increases when

A) current real income increases.
B) future real income decreases.
C) the nominal rate of interest increases.
D) none of the above.


A

Economics

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If there is public dissaving, investment spending in the economy will decline, holding everything else constant

Indicate whether the statement is true or false

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If the velocity of money is constant, then

A) a change in nominal GDP can be caused only by a change in the money supply. B) a change in the money supply can be caused only by a change in the price level. C) a change in the money supply is negatively related to a change in nominal GDP. D) a change in the money supply would result in no change in nominal GDP.

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Labor productivity rises during a recession as firms retain their more experienced workers.

Answer the following statement true (T) or false (F)

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What are the major government policies that restrict trade?

What will be an ideal response?

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