What is the european money supply on the us money market

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What is the short-run effect of a temporary decrease in the European money supply on the US money market and the foreign exchange market, holding everything else constant? Illustrate graphically using E$/€ as the nominal exchange rate and explain what happens to the R$, R€, the US money supply, the US money demand, and the nominal exchange rate.

Reference no: EM133441775

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