question archive 1)The nominal money demand curve will shift to the right if a) real income increasesb) price level decreases c) nominal interest rate decreases d) consumption decreases e) nominal interest rate increases 2)The nominal demand curve is a) generally higher when nominal interest rate declines b) unlimited, since people want as much money as possible c) limited, the supply of money as determined by the Federal Reserve d) generally higher when real income declines e) limited by the amount of currency printed by the Treasury
1)The nominal money demand curve will shift to the right if a) real income increasesb) price level decreases c) nominal interest rate decreases d) consumption decreases e) nominal interest rate increases 2)The nominal demand curve is a) generally higher when nominal interest rate declines b) unlimited, since people want as much money as possible c) limited, the supply of money as determined by the Federal Reserve d) generally higher when real income declines e) limited by the amount of currency printed by the Treasury
Subject:EconomicsPrice: Bought3
1)The nominal money demand curve will shift to the right if a) real income increasesb) price level decreases
c) nominal interest rate decreases
d) consumption decreases
e) nominal interest rate increases
2)The nominal demand curve is
a) generally higher when nominal interest rate declines
b) unlimited, since people want as much money as possible
c) limited, the supply of money as determined by the Federal Reserve
d) generally higher when real income declines
e) limited by the amount of currency printed by the Treasury
