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Chako Chako
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Posts: 2948
8 years ago
The money supply schedule is
A) vertical because M to power of ((S)) is set by the households and firms while P is taken as given.
B) vertical because M to power of ((S)) and P are set by the central bank.
C) vertical because M to power of ((S)) is set by the central bank while P is taken as given.
D) horizontal because M to power of ((S)) is set by the central bank while P is taken as given.
E) horizontal because M to power of ((S)) is set by the central bank.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 62 times
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machukianmachukian
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8 years ago
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Chako Author
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8 years ago
Good answer, thank you
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8 years ago
Don't forget to vote my answer as best Nerd Face
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