10 How does the portfolio-balance approach differ in its predictions of the effect of a money supply...

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10 How does the portfolio-balance approach differ in its predictions of the effect of a money supply expansion via open-market operations and a money supply expansion via a reduction in reserve requirements? Use a figure such as Figure 21.1 to reach your conclusions.

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International Finance

ISBN: 9780070374812

4th Edition

Authors: Maurice D. Levi

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