Question
Suppose in the monetary intertemporal model that there is a decrease in the number of ATMs in service that makes cash less available for consumers.
Suppose in the monetary intertemporal model that there is a decrease in the number of ATMs in service that makes cash less available for consumers. Explain what happens to the equilibrium price and quantity of credit card services the demand for money and the price levels. Explain using diagrams.
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Macroeconomics
Authors: Robert J Gordon
12th edition
138014914, 978-0138014919
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