Alpha Geek

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Category > Business & Finance Posted 24 May 2017 My Price 12.00

In the monetary intertemporal model

In the monetary intertemporal model, show that it is possible to have an equilibrium where money is not held and only credit cards are used in transactions. Is there such a thing as a price level in this equilibrium? Does monetary policy work? If so, how? Explain your results and what they mean for actual economies.

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Alpha Geek
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Status NEW Posted 24 May 2017 12:05 PM My Price 12.00

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