Nbspin us data how sensitive isthe demand for money to


 In U.S. data, how sensitive isthe demand for money to changes in nominal interest rates?

Whatare the consequences of an increase in the money supply on output and the pricelevel? Does your answer depend on where the economy starts (whether it is inlong-run equilibrium or not)?

 

 

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Econometrics: Nbspin us data how sensitive isthe demand for money to
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