Draw the original and the new demand curve, Macroeconomics

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Draw the original and the new demand curve

Problem

Suppose the economy experiences a contraction in aggregate output. How would this event affect the demand curve for real money balances? On the same graph, draw the original and the new demand curve, if necessary?

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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Macroeconomics: Draw the original and the new demand curve

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