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content area Part 1 The interest-rate-based monetary policy transmission mechanism emphasizes the Part 2 A. indirect effect of a change in the money supply that
content area Part 1 The interest-rate-based monetary policy transmission mechanism emphasizes the Part 2 A. indirect effect of a change in the money supply that operates via a change in total planned production generated by a change in the price level. B. direct effect of a change in the money supply that operates via a change in total planned production generated by a change in the price level. C. indirect effect of a change in the money supply that operates via a change in total planned expenditures generated by a change in the interest rate. D. direct effect of a change in the money supply that operates via a change in total planned expenditures generated by a change in the interest rate
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Principles Of Microeconomics
Authors: N Gregory Mankiw
7th Edition
1305081676, 9781305081673
