Other things being equal, what effect will each of the following have on the equilibrium rate of interest? (a) an increase in the money supply; (b) an increase in nominal GDP; (c) a decrease in the money supply; (d) a leftward shift of the asset demand for money.

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The Answer of Other things being equal, what effect will each of the following have on the equilibrium rate of interest? (a) an increase in the money supply; (b) an increase in nominal GDP; (c) a decrease in the money supply; (d) a leftward shift of the asset demand for money.

Other Things Being Equal, What Effect Will Each of the Following