What it mean to say demand for money is interest inelastic


Problem

1. Can (i) the real rate of interest, (ii) the nominal rate of interest, ever be negative? Explain.

2. What does it mean to say the demand for money is interest inelastic?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What it mean to say demand for money is interest inelastic
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