Real money refers to :

CA Foundation · Business Economics · PYQS · September 2024
Real money refers to :
(A) A. Money demanded at given rate of interest
(B) B. Real national income
(C) C. Nominal GNP divided by price level
(D) D. Nominal money adjusted to the price level

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Real national income

Topics: Determination of National Income

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic