UGC NET
Ayushi Asked a Question
August 13, 2020 12:47 pmpts 30 pts
  • UGC NET
  • Economics

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) decreas

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
  • 1 Answer(s)
Answer Now
  • 0 Likes
  • 1 Comments
  • Shares
  • 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.
    Likes(0) Reply(0)
How Eduncle Helps You ?
StudentTutorInstitutionApp
Help
FAQsPayment TermsRefund PolicyAsk Support
Head Office :
MPA 44, 2nd floor, Rangbari main Road Mahaveer Nagar II, Kota (Raj.) - 324005

Branch Office (Jaipur):
Shyam Tower, Plot No. F2, 6th Floor Amrapali Circle,
Vaishali Nagar, Jaipur, Rajasthan 302021

Mail: info@eduncle.com
All Rights Reserved © Eduncle.com