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Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884 Exercise 36
The Money Market
Explain the change in the nominal interest rate in the short run if
a. Real GDP increases.
b. The money supply increases.
c. The price level rises.
Explain the change in the nominal interest rate in the short run if
a. Real GDP increases.
b. The money supply increases.
c. The price level rises.
Explanation
Verified
Verified
(a) In case the real GDP increases, the ...
Macroeconomics 11th Edition by Michael Parkin
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