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1) Which of the following is/are incorrect? I. II. III. IV. Nominal Income is a good approximation for the level of tran
Posted: Fri Jul 01, 2022 7:54 am
by answerhappygod
- 1 Which Of The Following Is Are Incorrect I Ii Iii Iv Nominal Income Is A Good Approximation For The Level Of Tran 1 (37.75 KiB) Viewed 30 times
1) Which of the following is/are incorrect? I. II. III. IV. Nominal Income is a good approximation for the level of transactions that are likely to take place in the economy. An increase in the price of bonds, increases the speculative demand for money. An increase in the interest rate, reduces the quantity of money demanded. Innovations in the banking sector increases autonomous money demand. a) (I) and (II) only. b) (II) and (IV) only. c) (I) and (II) and (III). (I) (III) and (IV). d) e) (II), (III) and (IV).