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

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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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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

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

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