In the overlapping generations model, monetary policy has real effects when, (a) the gross rate of money

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In the overlapping generations model, monetary policy has real effects when,

(a) the gross rate of money creation is 1. (b) it affects the allocation of consumption across the two periods.

Posted Date: Jun 13, 2024 11:19 AM

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In the overlapping generations model, monetary policy has real effects when, (a) the gross rate of money

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