An increase in nominal GDP will Multiple Choice   increase the transactions demand and the total demand for money.   decrease the transactions demand and the total demand for money.   increase the transactions demand for money but decrease the total demand for money.   decrease the transactions demand for money but increase the total demand for money.

Economics For Today
10th Edition
ISBN:9781337613040
Author:Tucker
Publisher:Tucker
Chapter26: Monetary Policy
Section: Chapter Questions
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An increase in nominal GDP will

Multiple Choice
  •  
    increase the transactions demand and the total demand for money.
  •  
    decrease the transactions demand and the total demand for money.
  •  
    increase the transactions demand for money but decrease the total demand for money.
  •  
    decrease the transactions demand for money but increase the total demand for money.
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