What factors determine money demand in Friedman's modern quantity theory? How does each affect money demand? What determines velocity in Friedman's theory? What effect do interest rates have on velocity?
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Q81: Evidence suggests that a liquidity trap is
Q83: In the liquidity trap,the money demand curve
A)is
Q85: In the liquidity trap a small change
Q88: According to Milton Friedman,income rises relative to
Q89: The _ sensitive is the demand for
Q90: According to Milton Friedman,income declines relative to
Q94: In Friedman's modern quantity theory,velocity depends upon
Q96: The more sensitive is the demand for
Q97: The evidence on the interest sensitivity of
Q97: The _ sensitive is the demand for
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