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37. If consumption depends positively on the level of real balances, and real balances depend negatively on the nominal interest rate in a neoclassical model,
37. If consumption depends positively on the level of real balances, and real balances depend negatively on the nominal interest rate in a neoclassical model, then:
A) The classical dichotomy still holds.
B) A rise in money growth leads to a fall in consumption and a rise in investment.
C) A rise in money growth leads to a rise in consumption and a fall in investment.
D) A rise in money growth leads to a rise in both consumption and investment
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