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The money supply is represented by a vertical line in the figure because the monetary authorities and financial institutions have provided the economy with some
The money supply is represented by a vertical line in the figure because the monetary authorities and financial institutions have provided the economy with some particular stock of money high interest rates a consistent demand a change in price level
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Economics
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
18th edition
978-0077413798, 0-07-336880-6, 77413792, 978-0-07-33688, 978-0073375694
