Answer to Question #60783 in Macroeconomics for otieno benard

Question #60783
assuming that the money market is initially in equilibrium, trace through the effects of a rise in the money supply on the money market on the interest rate and also on out put, employment and the price level
1
Expert's answer
2016-07-11T15:08:03-0400
If the money market is initially in equilibrium, then the rise in the money supply on the money market will decrease the interest rate, increase output, employment and the price level.

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