In the short run, Keynesian monetary analysis suggests that changes in the money supply change interest rates, leading to a change in investment and a change in aggregate demand that in turn changes income, employment, and output.

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This is a key principle of Keynesian economics, which holds that changes in the money supply can have significant impacts on the economy in the short run, through channels such as changes in interest rates, investment, and aggregate demand.

In the Short Run, Keynesian Monetary Analysis Suggests That Changes