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Suppose the economy is in equilibrium and the Bank of Canada decreases the money supply. The first effect will be an excess ______ of/for money,
Suppose the economy is in equilibrium and the Bank of Canada decreases the money supply. The first effect will be an excess ______ of/for money, which will lead to a(n) ______ in the interest rate, which will in turn lead to a(n) ______ in desired investment
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