An increase in total production (real GDP) causes the demand for money to ______and the interest rate to _________

Assessment: JAMB UTME - Economics - 2023 Subject: Economics

Question 1 Report

An increase in total production (real GDP) causes the demand for money to ______and the interest rate to _________
Answer Details
An increase in the real GDP will increase the demand for money and also the interest rate will also increase.

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