Question: Describe the short-run effects of a decrease in money supply on the following variables: interest rate, national output, real money balances, price level, consumption, and

the following variables: interest rate, national output, real money balances, price level,

Describe the short-run effects of a decrease in money supply on the following variables: interest rate, national output, real money balances, price level, consumption, and investment

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3. How much information do we need to collect?