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    Macroeconomics: velocity, demand for money, aggregate demand

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    A reduction in the demand for money is the equivalent of a(n) ______ in velocity and will shift the aggregate demand curve to the _______

    © BrainMass Inc. brainmass.com April 3, 2020, 11:57 pm ad1c9bdddf
    https://brainmass.com/economics/demand-supply/macroeconomics-velocity-demand-for-money-aggregate-demand-525678

    Solution Summary

    This solution states whether a reduction in the demand for money is the equivalent of an increase or a decrease in the velocity of money, and whether such a reduction will shift the aggregate demand curve to the left or the right.

    $2.19

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