Mpsc News Translate https://courses.yorkvi. ApneTV Home of Hin... MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answer the

Mpsc News Translate https://courses.yorkvi. ApneTV Home of Hin... MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answer the question. 1) The term "demand for money usually refers to the 1) A) aggregate demand for money balances in the economy. B) sum of all desired assets, including cash, bonds, and real property. C) average person's desire to hold cash. D) cash and deposits actually held by firms. 2) 2) If a person is holding money for the purchase of goods and services, this demand for money is known as A) precautionary demand. B) transactions demand. C) nominal balance demand. D) speculative demand. 3) If real GDP falls, other things being equal, we can expect A) an increase in the speculative demand for money. B) an increase in transactions demand for money. C) a decrease in transactions demand for money. D) an increase in the total demand for money. 4) When the price level increases, ceteris paribus, it causes households and firms to try to A) reduce money balances, which drives interest rates up. B) increase money balances, which drives interest rates up. C) increase money balances, which drives interest rates down D) reduce money balances, which drives national income up. F) reduce money halances, which drives interest rates down 5) Other things being equal, a reduction in the money supply will lead to a A) fall in the rate of interest and a decrease in investment expenditure. B) rise in the rate of interest and no change in investment expenditure. C) rise in the rate of interest and in increase in investment expenditure, D) rise in the rate of interest and a decrease in investment expenditure. hannons hy which shanges in