Question
1. (a) Using quantity theory of money and the Fisher equation explain in detail how rate of growth of money affects the nominal interest rate?
1. (a) Using quantity theory of money and the Fisher equation explain in detail how rate of growth of money affects the nominal interest rate?
(b) Derive the AD curve using the IS-Lm framework with detailed explanation.
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Plenitude The New Economics Of True Wealth
Authors: Juliet Schor
1st Edition
1594202540, 9781594202544
