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Draw the PPM curve. Shift the appropriate curve according to what has changed. 1. The CB creates money 2. The CB destroys money T T

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Draw the PPM curve. Shift the appropriate curve according to what has changed. 1. The CB creates money 2. The CB destroys money T T 3. Velocity increases 4. Quantity of goods and services increa T T 5. Banking clearing systems are quicker 6. Rent is now paid daily, rather than m T T 7. There is greater confidence in the money 8. Expected inflation increases

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