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Give a detail but theoretically sound description for each of the given.

Q1. The relationship between the money and prices in the classical system.

Q2. Why a tax cut might not essentially induce substantial rises in private consumptions expenses.

Q3. Why interest rate and money demand are inversely associated.

Q4. Why short run aggregate supply could be horizontal instead of positively sloped.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M910208

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