Describe what happens to the money supply - what happens to, Financial Management

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Describe what happens to the money supply - what happens to

Suppose that foreigners start holding more U.S. currency. For a given interest rate, Americans don't change their holdings of either currency or checking deposits .Assume the Fed keeps the monetary base constant. Describe what happens to

(a) the money supply,

(b) the money-demand curve, and

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Financial Management: Describe what happens to the money supply - what happens to

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Financial Management: Describe what happens to the money supply - what happens to

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