Question
With the aid of money-demand-money-supply diagram, explain how the following events will affect the market interest rate: (a) A fall in real GDP (Y); (b)
With the aid of money-demand-money-supply diagram, explain how the following events will affect the market interest rate:
(a) A fall in real GDP (Y);
(b) A higher risk in the stock market.
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Macroeconomics
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
3rd Canadian edition
1319120083, 1319120085, 1319190111, 9781319190118, 978-1319120054
