Ayushi Asked a Question
August 13, 2020 12:47 pmpts 30 pts
53. An increase in total production (real GDP) causes the demand for money to and the interest rate to (1) increase, increase (2) increase, decrease (3) decrease, decrease (4) decrease, increase (1) Tdt, açat (2) ag, TEa (3) 9eft, eh 14) E, açt 54. As the economy nears full capacity, the short-run aggregate supply curve 54. (1) becornes flatter (2) becomes steeper (3) shifts to the right (4) shifts to the left 74TAz uadi , ia (1) (2) FTat arct
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  • Nidhi taparia thankyou
    53. The answer is (1). When growth happens and GDP rises, demand for money rises on account of investment. This causes interest rate to rise, assuming supply is held constant.
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