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MA
Question Practice

An increase in income tends to affect money demand in which way?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Macroeconomics
Money And Banking
Question Bank

An increase in income tends to...

Single Answer MCQ
Q-00089007

An increase in income tends to affect money demand in which way?

1

It decreases money demand

2

It has no effect

3

It increases money demand

4

It makes money more valuable

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Q4.

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