The Demand for Nominal Money

question 49

Multiple Choice

The demand for nominal money

• A) increases as the price level increases.
• B) decreases as the price level increases.
• C) depends on the quantity of money.
• D) is the same as the demand for real money.

---

Definitions:

Vague

Lacking clarity or preciseness in thought, expression, or meaning.

Millimeters

A unit of length in the metric system equal to one thousandth of a meter.

Animal Flesh

The muscle and fat tissues of animals, typically used as food by humans or other animals.

Metaphorical Definition

Describing a concept or idea by referring to it as something that is symbolically or figuratively similar.