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Answer to Question #227767 in Macroeconomics for Lucy

Question #227767

The demand for passive balances is independent of the level of __________ and dependent on the level of __________

  1. interest rate, money;
  2. interest rate, income;
  3. income, interest rate;
  4. Money, interest rate.
1
Expert's answer
2021-08-29T16:45:50-0400

Interest rate,income


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