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Explain the monetary model of exchange rate. (i) What is the relationship between the demand of money and the price of asset, and the levels

Explain the monetary model of exchange rate. (i) What is the relationship between the demand of money and the price of asset, and the levels of real income? (5 marks) (ii) What is the relationship between the supply of money and the price of asset, and the levels of real income? (5 marks)

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