Suppose that the demand for money is highly insensitive to a change in the interest rate. Compare

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Suppose that the demand for money is highly insensitive to a change in the interest rate. Compare the effectiveness of monetary and fiscal policy in terms of raising and lowering real GDP.

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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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Question Posted: Dec 09, 2015 03:07 AM

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Suppose that the demand for money is highly insensitive to a change in the interest rate. Compare

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Macroeconomics

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