1- economists started to study the issue of money seriously because the evidence------------ shows A) that money supply and price levels move very clearly together B) Money and interest rate movements are related to each other C) The downward trend in business ( economic contraction) is caused by the decline in the monetary growth D)All of the above are true E) ONLY (A) and (B) are true

Keynesian real balance (ie money ) : demand -------- is expressed as : A) Md= f(i,y ) B) Md / p = f(i) C) Md / p = f (y) D) Md / p = f ( i , y )