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Explain how controlling money supply is …

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Explain how controlling money supply is helpful in reducing excess demand
  • 1 answers

Yogita Ingle 5 years, 10 months ago

When people have more money or the government encourages the production of money the income increases and so does the economy. their willingness and ability to buy a product increases. so when the government reduces the production of money the wants will decrease and the resources will be saved because they are limited. and the market might reach its equilibrium.

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