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Answer to Question #290634 in Macroeconomics for corry
Question #290634
Which of the following variables will not influence the quantity of money that an individual demands?
- A. money stock
- B. the income level
- C. the interest rate level
- D. the price level
Expert's answer
Solution:
The correct answer is A.). Money stock.
Money stock refers to the total volume of money held by the public at a certain point in time in an economy.
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