An increase in the money demand, with money supply held constant, means that we will observe O a. A higher level of GDP O b. A rise in the price of bonds O C. A rise in interest rates O d. All of the answers are correct

An increase in the money demand, with money supply held constant, means that we will observe O a. A higher level of GDP O b. A rise in the price of bonds O C. A rise in interest rates O d. All of the answers are correct

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter12: Money Growth And Intlation

Section: Chapter Questions

Problem 2CQQ

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Question

An increase in the money demand, with money supply held constant, means that we will
observe
O a. A higher level of GDP
O b. A rise in the price of bonds
O c.
A rise in interest rates
O d. All of the answers are correct

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