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Business, 23.07.2019 00:20 Ayallaric6875

Suppose that in mysore, the reserve—deposit ratio is res = 0.5 - 2i, where i is the nominal interest rate. the currency—deposit ratio is 0.2 and the monetary base = 100. the real quantity of money demanded is given by the money demand function l(y, i) = 0.5y - 10i, where y is real output. currently, the real interest rate is 5% and the economy expects an inflation rate of 5%. the money supply =

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Suppose that in mysore, the reserve—deposit ratio is res = 0.5 - 2i, where i is the nominal interest...
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