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Economic-The quantity demanded of money is ? thank you?

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The quantity demanded of money is

inversely related to the interest rate.

directly related to the interest rate.

inversely related to the general price level.

inversely related to GDP.

a, c, and d

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  1. a) inversely related to the interest rate.

    For higher interest rate less money will be demanded, thus money demand equation is negatively-sloped.

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