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The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
Edition 4ISBN: 978-0133859997The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
Edition 4ISBN: 978-0133859997 Exercise 17
In Keynes's analysis of the speculative demand for money, what will happen to money demand if people suddenly decide that the normal level of the interest rate has fallen? Why?
Explanation
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Speculative Demand for Money:
Speculati...
The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
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