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Holding all else constant, according to portfolio theories of money demand, if there is a large increase in real GDP, then what happens to money
Holding all else constant, according to portfolio theories of money demand, if there is a large increase in real GDP, then what happens to money demand?
A. | Money demand may go up or down
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B. | Money demand goes up
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C. | Money demand goes down
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D. | Money demand does not change because it is not affected by GDP changes |
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