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4. Assume the economy appears to be slowing & fears of recession are on the rise. Starting with the money market diagram, with words &

4. Assume the economy appears to be slowing & fears of recession are on the rise. Starting with the money market diagram, with words & diagrams (including the aforementioned MMD, the investment demand & AS/AD diagrams), work through the (monetary) transmission mechanism, given the appropriate type of monetary policy.

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