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19. Monetary Policy
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Problem 14
19. Monetary Policy
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19. Monetary Policy / The Demand for Money / Problem 3
Problem 3
What does a downward sloping money demand curve indicate?
A
As interest rates decrease, the quantity of money demanded decreases.
B
As interest rates decrease, the quantity of money demanded increases.
C
As interest rates increase, the quantity of money demanded increases.
D
As interest rates increase, the quantity of money demanded remains constant.
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