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The money supply schedule is A) horizontal because is set by the central bank while P is taken as given. B) horizontal because is set
The money supply schedule is
A) horizontal because is set by the central bank while P is taken as given.
B) horizontal because is set by the central bank.
C) vertical because is set by the households and firms while P is taken as given.
D) vertical because and P are set by the central bank.
E) vertical because is set by the central bank while P is taken as given.
Explain your answer with a SHORT sentence.
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