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Demand for Money
?
Real balances are defined as
the change in the money stock divided by GDP
the change in the money stock divided by the price level
the change in the money stock divided by the CPI
the money stock divided a price index.
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (D)
the money stock divided a price index.
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