Suppose the Money Demand Function Is M^D = P ×

question 47

Multiple Choice

Suppose the money demand function is M^D = P × [(0.25 × Y) ? (100 × i) ],
Where Y is expressed in billions of dollars and i is expressed in percentage points.The term [(0.25 × Y) ? (100 × i) ]
Is called

• A)the nominal money-demand function.
• B)the nominal money-supply function.
• C)the real money-supply function.
• D)the real money-demand function.

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Definitions:

DSM-5

The 5th edition of the Diagnostic and Statistical Manual of Mental Disorders, a standardized classification system for diagnosing mental disorders used by mental health professionals in the U.S.

Histrionic

Relates to a pattern of excessive emotionality and attention-seeking behavior; often associated with Histrionic Personality Disorder.

DSM-IV-TR

The Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition, Text Revision; a manual used to diagnose mental disorders.

Cluster A

Refers to one of three clusters of personality disorders in the DSM, characterized by odd or eccentric behaviors, including paranoid, schizoid, and schizotypal personality disorders.