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The aggregate quantity demanded of real GDP O A. does not change with prices. B. increases if the price level rises. O C. decreases if
The aggregate quantity demanded of real GDP O A. does not change with prices. B. increases if the price level rises. O C. decreases if the price level rises. D. All of the choices above are correct.In economics, the long run is O A. a period of time long enough for the economy to be at potential GDP O B. 24 months or longer. O C. a period of time when some input prices do not change. O D. all of the above.Suppose the interest rate on bonds is very low -2% per year. If you invest $100 of your savings in a bond, at the end of the year you get back $ Since your bond payoff is low, you might as well keep most of your wealth in the form of money, to have the convenience of Now imagine that the interest rate on bonds is 15% per year, so each $100 investment yields $ at the end of the year. By choosing bonds you your assets. From this example it is apparent that there is relation between the interest rate and the quantity demanded of money
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