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(a) (b) (0) Discuss the important functions and characteristics of Money? Why is a barter economy inefficient? Discuss four factors that may reduce the size

(a) (b) (0) Discuss the important functions and characteristics of Money? Why is a barter economy inefficient? Discuss four factors that may reduce the size of the money multiplier in an economy Discuss and distinguish Keynesian views and Monetarists' views on the effects of money supply in an economy. Draw diagrams, if necessary

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