Given your model of aggregate demand when there are three financial assets, money, bonds and credit, and

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Given your model of aggregate demand when there are three financial assets, money, bonds and credit, and the standard classical production function, would disturbances in the loan market cause changes in output and employment? Your answer should present the determination of output and employment in this model.

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Monetary Economics

ISBN: 9780415772099

2nd Edition

Authors: Jagdish Handa

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