Name and explain the three reasons for holding money balances.
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Q138: The liquidity trap exists because the lower
Q139: Q140: In periods of restrictive monetary policy,which of Q141: Because monetarists believe that output is sensitive Q142: How well fiscal policy works depends on Q144: A horizontal aggregate supply curve causes higher Q145: How can the Fed increase the level Q146: Use the equation of exchange to explain Q147: Why is expansionary monetary policy ineffective in Q148: What is the monetarist prescription for the
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