Supply of money in the market


Problem: "Poor people are poor because they do not have very much money. Yet, central bankers keep money scarce. If poor people had more money, poverty could be eliminated." Evaluate the statement. Be sure to indicate whether or not you believe the statement is true, false, or uncertain.

Just one or two paragraphs should be enough. Please help with the following problem in at least 300 words.

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Microeconomics: Supply of money in the market
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