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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
 world
> of uncertainty? Are we to divide current money balances by the present
rice
> level, when making decisions about how much to buy tomorrow? Or by tomo
row's
> price level? Paul Davidson
>
> Have a good day!
>

Tomorrow's Price level.
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