2. Use the theory of liquidity preference to explain how a decrease in the money supply affects...
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2. Use the theory of liquidity preference to explain how a decrease in the money supply affects the aggregate- demand curve. Consider the effects in both a closed economy and a small open economy.
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Related Book For 
Principles Of Macroeconomics
ISBN: 9780176591977
7th Canadian Edition
Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie
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