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valputin valputin
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8 years ago
When the growth rate of the money supply increases, interest rates end up being permanently lower if
A) there is slow adjustment of expected inflation.
B) the liquidity effect is larger than the other effects.
C) there is fast adjustment of expected inflation.
D) the expected inflation effect is larger than the liquidity effect.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
This is great!
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
#3
8 years ago
You're very welcome, valputin
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