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Bank of Canada has announced that it plans to lower the rate of monetary growth from 10% per year to 2% per year. You would
Bank of Canada has announced that it plans to lower the rate of monetary growth from 10% per year to 2% per year. You would expect this announcement to directly O a decrease money demand, shifting the LM curve up Ob. Increase money demand, shifting the LM curve up c. decrease money demand, shifting the LM curve down Od increase money demand, shifting the LM curve down
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