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Using the model that we developed in this chapter, an increase in the money supply causes the equilibrium value of money and equilibrium quantity of
Using the model that we developed in this chapter, an increase in the money supply causes the equilibrium value of money and equilibrium quantity of money to increase. the equilibrium value of money and equilibrium quantity of money to decrease. the equilibrium value of money to increase, while the equilibrium quantity of money decreases. the equilibrium value of money to decrease, while the equilibrium quantity of money increases. None of the above are correct
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