Economics (M.Phil./Ph.D.) 2015 Panjab University Entrance Exam With Answers

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42.

The demand for money is :

A: Positively related to output and the rate of interest
B: Negatively related to output and the rate of interest
C: Negatively related to output and positively related to the rate of interest
D: Positively related to output and negatively related to the rate of interest

The answer is: D

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