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The Chilean economy has experienced inflation for a number of years., Given this, which of the following statements is TRUE. a. The transactions demand for
The Chilean economy has experienced inflation for a number of years., Given this, which of the following statements is TRUE. a. The transactions demand for money curve in Chile has shifted to the right so more money is demanded for a given level of interest rates. b.The transactions demand for money curve in Chile has shifted to the right as more money is demanded for a given level of prices. C.According to the central banks policy reaction function there should be a fall in real interest rates. d. Both a and c are correct. e. Both b and c are correct
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