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Assume the money-demand curve is MD-105-18 r+Y, the price level depends on r according to the equation P-95-16 r, and the money supply is
Assume the money-demand curve is MD-105-18 r+Y, the price level depends on r according to the equation P-95-16 r, and the money supply is MS-155. Find a relationship between the price level P and output Y and show that the relation that you have found is an aggregate demand function. Y Number - Number P
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