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Economics

Assume that the following data characterize a hypothetical economy of Sener: money supply = $360 billion; quantity of money demanded for transactions = $250 billion; quantity of money demanded as an asset = $30 billion at 12 percent interest, increasing by $20 billion for each 2-percentage-point fall in the interest rate.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91920060

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