2 What are the second round effects of an expansionary monetary policy? What happens to the interest

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2 What are the second round effects of an expansionary monetary policy? What happens to the interest rate, investment and other components of interest-sensitive expenditure, aggregate demand, the demand for money, real GDP and the price level in the second round?

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Economics

ISBN: 9781509540235

6th Edition

Authors: Michael Parkin, Melanie Powell, Kent Matthews

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