Answer to Question #269960 in Macroeconomics for Anna

Question #269960

What happens to the demand for money if real income declines. It will _____. 

What happens to the demand for money if the overall price level declines. It will _____.

 

A. increase; increase

B. increase; decrease

C. increase; not change

D. decrease; decrease


1
Expert's answer
2021-11-28T18:16:15-0500

D. decrease; decrease


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