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  • …is the most important monetary policy tool because it is the primary determinant of changes in the …, the main source of fluctuations in the money supply. #61
  • The main advantage of using reserve requirements to control the money supply and interest rates is: #62
  • The equation of exchange is: #63
  • All other things being equal, an increase in the money supply will: #64
  • Keynes’s liquidity preference theory indicates that the demand for money: #65
  • In the AS/AD model, an expansionary monetary policy: #66
  • Contractionary monetary policy wil:l #67
  • An economy in which government make all important economic decisions is called a: #68
  • Monetarists believe the greater the stability of the economy in the past 35 years has resulted from: #69
  • The negative relationship between unemployment and inflation is known as: #70
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