Which of the following statement is incorrect?

Select one:
a. If real GDP increases, the demand for money decreases
b. The demand for money changes
proportionally to the price level (%DMD =%DP)
c. The opportunity cost of holding
money is the interest rate forgone on alternative assets
d. The quantity of money demanded depends inversely on the nominal interest rate.

= If real GDP increases, the demand for money decreases

Select one:

a hyperinflation

b. disinflation

c. deflation

d. inflation

= Hyperinflation

Explanation:

Select one:

a hyperinflation

b. disinflation

c. deflation

d. inflation

= Hyperinflation

Select one:

a hyperinflation

b. disinflation

c. deflation

d. inflation

Select one:

a hyperinflation

b. disinflation

c. deflation

d. inflation

= Hyperinflation

Select one:

a hyperinflation

b. disinflation

c. deflation

d. inflation

Hyperinflation

= Select one:

a hyperinflation

b. disinflation

c. deflation

d. inflation

= Hyperinflation

Select one:

a hyperinflation

b. disinflation

c. deflation

d. inflation

= Hyperinflation

= Hyperinflation

answer; /// the above statement is (true);