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Sustained Growth in the Money Supply Doesn't Affect Real Output

Question 60

Multiple Choice

Sustained growth in the money supply doesn't affect real output in the long run but does lead to inflation according to


A) new classical economists, but not new Keynesian economists.
B) both new classical and new Keynesian economists.
C) new Keynesian economists, but not new classical economists.
D) neither new classical nor new Keynesian economists.

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