If the total demand for money exceeds the money supply, this would tend to increase the...

 

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If the total demand for money exceeds the money supply, this would tend to increase the level of income. (Points : 3) True False Milton Friedman argues that the time lag for fiscal policy is long and variable, but that it is short and predictable for monetary policy. (Points: 3) True False If the total demand for money exceeds the money supply, this would tend to increase the level of income. (Points : 3) True False Milton Friedman argues that the time lag for fiscal policy is long and variable, but that it is short and predictable for monetary policy. (Points: 3) True False

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1 If the entire demand for cash exceeds the cash offer this might tend to extend the amoun... View the full answer