If the Federal Reserve banks mailed everyone a brand new $100 bill, what would happen to prices,

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If the Federal Reserve banks mailed everyone a brand new $100 bill, what would happen to prices, output, and income? Illustrate with aggregate demand and supply curves.

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Essentials of Economics

ISBN: 978-1259235702

10th edition

Authors: Bradley Schiller, Karen Gebhardt

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Question Posted: Aug 30, 2017 11:55 PM

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If the Federal Reserve banks mailed everyone a brand new $100 bill, what would happen to prices,

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The initial impact would be to increase aggregate dema...View the full answer

Essentials of Economics

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