How would you expect a fall in a countrys population to alter its aggregate money demand function?

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How would you expect a fall in a country’s population to alter its aggregate money demand function? Would it matter if the fall in population were due to a fall in the number of households or to a fall in the size of the average household?

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International Economics Theory and Policy

ISBN: 978-0273754206

9th Edition

Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz

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Question Posted: Oct 24, 2012 11:44 PM

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How would you expect a fall in a countrys population to alter its aggregate money demand function?

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A fall in a countrys population would reduce money demand all else being equa...View the full answer

International Economics Theory and Policy

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