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If the central bank is targeting the money supply; the money supply is and with respect to the nominal interest rate. 0 equal to money
If the central bank is targeting the money supply; the money supply is and with respect to the nominal interest rate. 0 equal to money velocity; is vertical 0 whatever level is dictated by the president; is horizontal O whatever level is dictated by the central bank; is horizontal O whatever level is dictated by the central bank; is vertical O whatever level is dictated by the central bank; slopes downward
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