How sensitive isthe demand for money to changes

Reference no: EM13801844

In U.S. data, how sensitive isthe demand for money to changes in nominal interest rates?

Whatare the consequences of an increase in the money supply on output and the pricelevel? Does your answer depend on where the economy starts (whether it is inlong-run equilibrium or not)?

Reference no: EM13801844

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How sensitive isthe demand for money to changes : In U.S. data, how sensitive isthe demand for money to changes in nominal interest rates?Whatare the consequences of an increase in the money supply on output and the pricelevel? Does your answer depend on where the economy starts (whether it is inlon..

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