tiaharris7974 tiaharris7974
  • 10-03-2022
  • SAT
contestada

Which of the following would lead to an increase in nominal interest rates?.

Respuesta :

lawcraft05 lawcraft05
  • 10-03-2022

Answer:

Explanation:

The demand for money increases and nominal interest rates increase. When aggregate demand increases, GDP and the price level increases, which means people need more money to buy more goods and services. This increases the demand for money, and nominal interest rates increase when the demand for money increases.

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