All other factors held constant, what would be the effect on the demand for money (M1) of

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All other factors held constant, what would be the effect on the demand for money (M1) of each of the following situations. Explain the rationale behind your responses.
1. An increase in real GDP
2. An increase in general price levels
3. A rise in the interest rate on savings accounts and Treasury securities.
4. A doubling of all prices, wages, and incomes.

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Economics

ISBN: ?978-0073511290

19th edition

Authors: Paul A. Samuelson, William Nordhaus

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