As nominal Gross Domestic Product (GDP) rises, the transactions demand
As nominal Gross Domestic Product (GDP) rises, the transactions demand for money
A) decreases, and the money demand curve shifts to the left.
B) remains constant, and the money demand curve remains the same.
C) increases, and the money demand curve shifts to the left.
D) increases, and the money demand curve shifts to the right.
ANSWER
D
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