Question | Explain why people want to hold money up to the point where extra convenience services are equal to the nominal interest rate. How can this observation us understand the net social loss to society of inflation? |
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Subject | business economics |
Question | Explain why people want to hold money up to the point where extra convenience services are equal to the nominal interest rate. How can this observation us understand the net social loss to society of inflation? |
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Subject | business economics |