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3- A Monetary Intertemporal Model: Money, Banking, Prices, and Monetary Policy There is a temporary increase in the relative price of energy. Determine how the

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3- A Monetary Intertemporal Model: Money, Banking, Prices, and Monetary Policy There is a temporary increase in the relative price of energy. Determine how the response of current aggregate output to this shock depends on the marginal propensity to consume and explain carefully why you get this result

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