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A Permanent Increase in Nominal Money Growth Will, in the Medium

Question 55

Multiple Choice

A permanent increase in nominal money growth will, in the medium run, cause which of the following?


A) An increase in the actual growth rate of output.
B) An increase in the natural level of output.
C) An increase in the growth rate of output.
D) An increase in the inflation rate.
E) An increase in the natural rate of unemployment.

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