Which of the following statements is false? a. The speculative demand for money at possible interest rates
Question:
Which of the following statements is false?
a. The speculative demand for money at possible interest rates gives the demand for money curve its downward slope.
b. There is a direct relationship between the quantity of money demanded and the interest rate.
c. According to the quantity theory of money, any change in the money supply will lead to a proportional change in the price level.
d. All of the above are false.
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b There is a direc...View the full answer
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