3. In what way is it favourable to monetarist views if: (a) the interest elasticity of the...
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3. In what way is it favourable to monetarist views if:
(a) the interest elasticity of the demand for money is low?
(b) the demand for money is correctly specified in real terms?
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Related Book For 
Monetary Economics Policy And Its Theoretical Basis
ISBN: 9780333792551
1st Edition
Authors: Keith Bain, Peter Howells
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