QUESTION If the short run agregate supply curveis horizontal and each member of the general public chooses to hold a lar
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QUESTION If the short run agregate supply curveis horizontal and each member of the general public chooses to hold a lar
QUESTION If the short run agregate supply curveis horizontal and each member of the general public chooses to hold a larger fraction of his or her income as cash balances then output and employment will increase in the short run output and employment will decrease in the short run prices will increase in the short run prices will decrease in the short run
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