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Basic Question 2 of 13

Which would cause people to hold more money on hand?

I. A higher price level of goods and services
II. Lower nominal interest rates
III. A higher real GDP
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User Contributed Comments 5

User Comment
danlan I and III cause a curve shift to the right. II causes a shift along the curve.
cfashark which curve?
MaiHuong Demand curve
MMattioli demand curve for money
choas69 change in interest and quantity demanded for money causes a movement along the line.
other factors will cause a shift.
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Edward Liu

Edward Liu

Learning Outcome Statements

describe theories of the demand for and supply of money;

describe the Fisher effect;

CFA® 2024 Level I Curriculum, Volume 2, Module 12.