Trace the short-run and long-run effect on the exchange rate

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Reference no: EM132015906

Suppose there is a reduction in aggregate real money demand, that is, a negative shift of the aggregate real money demand function.

Trace the short-run and long-run effects on the exchange rate, interest rate and price level.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132015906

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