Compare Milton Friedman's formulation of the money demand function with the Keynesian specification.

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Macroeconomics Theories and Policies

ISBN: 978-0132831529

10th edition

Authors: Richard T. Froyen

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Question Posted: May 24, 2016 06:45 AM

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Compare Milton Friedman's formulation of the money demand function with the Keynesian specification.

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A simplified version of Friedmans money demand function was written as M d LP y r ...View the full answer

Macroeconomics Theories and Policies

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