svevig2248 svevig2248
  • 03-01-2020
  • Business
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The transactions demand for money varies __________ with nominal GDP, i.e. more money is held for transactions when GDP is higher..

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Karabo99
Karabo99 Karabo99
  • 04-01-2020

Answer:

varies directly

Explanation:

The transactions demand for money varies varies directly with nominal GDP.

i.e. more money is held for transactions when GDP is higher.

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