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Re: Colander and New Keynesian Economics

FROM:  Paul Davidson
"      Economics Department
"      523 Stokely Management Center     974-4221
Dear Barkley; What do real money balances have to do witth anything in a world
of uncertainty? Are we to divide current money balances by the present price
level, when making decisions about how much to buy tomorrow? Or by tomorrow's
price level? Paul Davidson

Have a good day!
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