The Equilibrium Interest Rate: The Interaction of Money Supply and Demand
{"Image DocumentName": "The Equilibrium Interest Rate: The Interaction of Money Supply and Demand", "Image ImageDescription": "Figure 14-9: Effect of an Increase in the European Money Supply. on the Dollar/Euro Exchange Rate. U.S. real money holdings. Rates of return. (in dollar terms) Dollar/euro. exchange Rate, E /\u20ac Dollar return. Expected. euro return. 1 E1 /\u20ac Increase in European. money supply. 2 E2 /\u20ac R1  1. L(R , YUS) U.S. real. money. supply. MSUS. PUS. Copyright \u00a9 2003 Pearson Education, Inc.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}