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Chako Chako
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Posts: 2948
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8 years ago
Which one of the following statements is the MOST accurate?
A) A decrease in the money supply lowers the interest rate while an increase in the money supply raises the interest rate, given the price level and output.
B) An increase in the money supply lowers the interest rate while a fall in the money supply raises the interest rate, given the output level.
C) An increase in the money supply does not usually affect the interest rate.
D) An increase in the money supply lowers the interest rate while a fall in the money supply raises the interest rate, given the price level.
E) An increase in the money supply lowers the interest rate while a fall in the money supply raises the interest rate, given the price level and output.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 73 times
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
8 years ago
Good luck
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