In Which of the Following Cases Would the Quantity of Money

question 148

Multiple Choice

In which of the following cases would the quantity of money demanded be smallest?

• A)r = 0.06, P = 1.2
• B)r = 0.05, P = 1.0
• C)r = 0.04, P = 1.2
• D)r = 0.06, P = 1.0

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