The lower the interest
The lower the interest rate:
a) the greater the present value of a future amount
b) the smaller the present value of a future amount
c) the greater the level of inflation
d) none of the above
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is a increase in the price level and it can be produced if the ad curve shifts up continuous continuouslycontinuous
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33 of monetary base is held outside nancial institutions1 where do you think this portion of the monetary base is held
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