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  3. Study Set
    Macroeconomics Study Set 10
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    Exam 7: The Asset Market, money, and Prices
  5. Question
    A 10% Decrease in Real Income Usually Leads to ________
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A 10% Decrease in Real Income Usually Leads to ________

Question 98

Question 98

Multiple Choice

A 10% decrease in real income usually leads to ________ in money demand.


A) an increase
B) no change
C) a decrease of less than 10%
D) a decrease of 10%

Correct Answer:

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