l . What impact do Keynesians believe that an increase in the supply of money would have

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l . What impact do Keynesians believe that an increase in the supply of money would have on

(a) interest rates,

(b) the level of investment,

(c) aggregate demand, (d)

employment, and

(e) prices? Fully explain your answer.

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Macroeconomics Private And Public Choice

ISBN: 9780123110701

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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