As real Gross Domestic Product (GDP) decreases, people hold A) about
As real Gross Domestic Product (GDP) decreases, people hold
A) about the same amount of money since that has been enough in the past.
B) less money because they will want to collect interest.
C) more money because they will want to increase the amount of savings.
D) less money since they will make fewer purchases.
ANSWER
D
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