Question
True or False? If inflation expectations increase, but the return on money doesnt, people will want to hold less money, ceteris paribus, because the relative
True or False? If inflation expectations increase, but the return on money doesnt, people will want to hold less money, ceteris paribus, because the relative return on goods (land, gold, turnips) will increase.
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
7th Edition
1259919714, 978-1259919718
