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Consider the model of currency and deposits in Chapter 11. The real value of total deposits in period t amounts to 10,000, and the real
Consider the model of currency and deposits in Chapter 11. The real value of total deposits in period t amounts to 10,000, and the real value of total currency holdings in period t is equal to 5,000. The price level in period t is equal to 2. How large is the fiat money stock
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