According to the text, what is the demand for money according to classical economists?
I - The demand for money is useful only to comply with the ...
According to the text, what is the demand for money according to classical economists?
I - The demand for money is useful only to comply with the transactions of the economy. II - The demand for money is equal to the nominal product of the economy. III - The demand for money is equivalent to the total produced, since everything that is produced is demanded. IV - The demand for money is related to the market of interest rates. a) I and II are correct. b) II and III are correct. c) I, II, and III are correct. d) III and IV are correct.
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