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    Principles of Macroeconomics
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    Exam 11: Money Growth and Inflation
  5. Question
    According to the Classical Dichotomy, When the Money Supply Doubles
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According to the Classical Dichotomy, When the Money Supply Doubles

Question 168

Question 168

Multiple Choice

According to the classical dichotomy, when the money supply doubles, what also doubles?


A) the real prices
B) the nominal interest rate
C) the real GDP
D) the nominal GDP

Correct Answer:

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