Macroeconomics
Macroeconomics
10th Edition
ISBN: 9780134896441
Author: ABEL, Andrew B., BERNANKE, Ben, CROUSHORE, Dean Darrell
Publisher: PEARSON
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Chapter 7, Problem 4NP

a)

To determine

To Find: The real demand for money and nominal demand for money.

b)

To determine

To Find: The new price level and change in price level when nominal money supply increases to 6000.

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