It is reported that the money supply has recently declined. Is the decline consistent with a demand-induced business cycle, with a supply-induced business cycle, or with both? Explain your answer. How...

It is reported that the money supply has recently declined. Is the decline consistent with a demand-induced business cycle, with a supply-induced business cycle, or with both? Explain your answer. How are new Keynesians, who believe that people hold rational expectations, different from new classical economists, who also believe that people hold rational expectations?