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3. Consider the non-equilibrium situation in the money market. Suppose that the adjustment process toward the equilibrium increases the current interest rate. Answer if the
3. Consider the non-equilibrium situation in the money market. Suppose that the adjustment process toward the equilibrium increases the current interest rate. Answer if the real money demand is greater or smaller than the real money supply and if people buy or sell non-monetary assets in the process. Real money demand: Buy or Sell non-monetary assets
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