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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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The transactions demand for money varies __________ with nominal GDP, i.e. more money is held for transactions when GDP is higher..

User Gravyface
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4 votes

Answer:

varies directly

Step-by-step explanation:

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

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

User Zaheer Ansari
by
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