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Keynesians argue that the interest elasticity of the demand for money is a. low, while monetarists say it is high. b. unimportant in terms of
Keynesians argue that the interest elasticity of the demand for money is
a. low, while monetarists say it is high.
b. unimportant in terms of affecting economic activity, while monetarists disagree.
c. relatively high, while monetarists argue it is low.
d. not a factor in determining if velocity is stable or unstable.
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