Question: Using separate graphs, demonstrate (explain in words + graphs) what happens to the money supply, money demand, the value of money, and the price level

Using separate graphs, demonstrate (explain in words + graphs) what happens to the money supply, money demand, the value of money, and the price level if:

a. the Bank of Canada increases the money supply.

b. people decide to demand less money at each value of money.

(hint: use the money market model in the long run)

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3. To retrieve information from memory.

2. Value-oriented information and

1. Empirical or factual information,