From the 1970s to 2008, as a Fraction of GDP

question 28

Multiple Choice

From the 1970s to 2008, as a fraction of GDP, the quantity of money that people and businesses have held has been

• A) decreasing.
• B) increasing.
• C) fluctuating erratically.
• D) independent of people's use of credit cards.
• E) changing only as the interest rate changed.

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