The Asset Demand for Money

question 111

Multiple Choice

The asset demand for money

• A) is unrelated to both the interest rate and the level of GDP.
• B) varies inversely with the rate of interest.
• C) varies inversely with the level of real GDP.
• D) varies directly with the level of nominal GDP.

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A relationship between two numbers showing how many times one value contains or is contained within the other.

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