Three macroeconomic factors that affect the demand for money are:

Question

Three macroeconomic factors that affect the demand for money are:

A. the nominal interest rate; real income, and the price level.

B. the nominal interest rate; capital, and labor.

C. globalization, skill-biased technological change, and labor mobility.

D. capital, labor, and technology.

E. average labor productivity, real income, and the nominal interest rate.

Answer 1

A. the nominal interest rate; real income, and the price level.

Answer 2

A. the nominal interest rate; real income, and the price level.