The monetarists believe that interest rates can move in the opposite direction from the conventional Keynesian models of the money market. The monetarists believe that a monetary restraint can actually lower interest rates. How do they arrive at that conclusion
The monetarists believe that interest rates can move in the opposite direction from the conventional Keynesian models of the money market. The monetarists believe that a monetary restraint can actually lower interest rates. How do they arrive at that conclusion
Chapter26: Monetary Policy
Section: Chapter Questions
Problem 11SQP
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The monetarists believe that interest rates can move in the opposite direction from the conventional Keynesian models of the
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