Economics · Macroeconomics
The demand for money is:
- 1Positively related to output and inversely related to the rate of interest✓
- 2Inversely related to output and positively related to the rate of interest
- 3Inversely related to output and the rate of interest
- 4Positively related to output and the rate of interest
Correct answer
Positively related to output and inversely related to the rate of interest
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