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

User Gokareless
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Answer:

Step-by-step 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.

User Khajlk
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