In Which of the Following Situations Is It Certain That

question 204

Multiple Choice

In which of the following situations is it certain that the quantity of money demanded by the public will decrease?

• A) Nominal GDP decreases and the interest rate decreases.
• B) Nominal GDP increases and the interest rate decreases.
• C) Nominal GDP decreases and the interest rate increases.
• D) Nominal GDP increases and the interest rate increases.

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