Robust economic growth shifts the transactions demand for money. Consequently, growth will tend to either raise our interest rates or decrease those rates. Please say which direction the rates move, and explain why?
Robust economic growth shifts the transactions demand for money. Consequently, growth will tend to either raise our interest rates or decrease those rates. Please say which direction the rates move, and explain why?
Chapter14: Money And The Economy
Section: Chapter Questions
Problem 5WNG
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Robust economic growth shifts the transactions demand for money. Consequently, growth will tend to either raise our interest rates or decrease those rates. Please say which direction the rates move, and explain why?
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