An increase in total production (real GDP) causes the demand for money to ______and the...

ECONOMICS
JAMB 2023

An increase in total production (real GDP) causes the demand for money to ______and the interest rate to _________

  • A. Increase; decrease
  • B. Decrease; decrease
  • C. Increase; increase
  • D. Decrease; increase

Correct Answer: C. Increase; increase



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