If the Demand for Money Depends on the Interest Rate

question 26

Multiple Choice

If the demand for money depends on the interest rate, then a 15% increase in the money supply will increase

• A) nominal GDP by 15%.
• B) nominal GDP by less than 15%.
• C) nominal GDP by more than 30%.
• D) real GDP by 30%.

---

Definitions:

Job Rotation

involves periodically moving employees to different tasks or roles within an organization to promote skill development and reduce monotony.

Job Enlargement

The process of increasing the range and variety of tasks assigned to a job to enhance job satisfaction and employee engagement.

Clustering Jobs

The practice of grouping similar or related occupational roles or positions within an organization to improve efficiency and effectiveness.

Natural Groups

Informal groups that form organically based on social interactions, common interests, or shared values among members.