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MMLU-Pro / 7641 / When nominal GDP is rising we would expect money demand to

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

When nominal GDP is rising we would expect money demand to

category

economics

options

  1. increase as consumers demand more money for transactions increasing the interest rate.
  2. increase as consumers demand more money as a financial asset increasing the interest rate.
  3. remain constant as the increase in GDP does not impact the demand for money.
  4. decrease as consumers demand less money for transactions decreasing the interest rate.
  5. remain constant as consumers demand the same amount of money for transactions, keeping the interest rate steady.
  6. decrease as the purchasing power of the dollar is rising, increasing the interest rate.
  7. increase as the purchasing power of the dollar is rising, decreasing the interest rate.
  8. decrease as consumers demand more money for transactions increasing the interest rate.
  9. increase as consumers demand less money as a financial asset, decreasing the interest rate.
  10. decrease as the purchasing power of the dollar is falling decreasing the interest rate.

src

ori_mmlu-high_school_macroeconomics

Discussion

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Source and history

upstream_id / Original problem ID
7641
task_id
18790159-ecfe-575b-83b1-c3a467136f5d
task_key
default--test--7641
task_revision_id
1
config / split
default / test

Official source

initial import