Which neoclassical argument claims that money and interest rates react in a certain way to outside shocks

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Which neoclassical argument claims that money and interest rates react in a certain way to outside shocks so as to lead back to equilibrium?

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Economics An Introduction To Traditional And Progressive Views

ISBN: 9780765616685

7th Edition

Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers

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Question Posted: Nov 10, 2023 10:10 PM

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Which neoclassical argument claims that money and interest rates react in a certain way to outside shocks

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The neoclassical argument that claims that money and interest rates react in a certain way to outside shocks so as to lead back to equilibrium is the quantity theory of money The quantity theory of mo...View the full answer

Economics An Introduction To Traditional And Progressive Views

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