Business, 22.10.2020 19:01 karyme12

If the demand for money depends positively on real income and depends inversely on the nominal interest rate, what will happen to the price level today if the central bank announces (and people believe) that it will decrease the money growth rate in the future, but it does not change the money supply today

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If the demand for money depends positively on real income and depends inversely on the nominal inter...