Multiple Choice
In the aggregate demand-aggregate supply model in the short run,an increase in the money supply will lead to a(n) :
A) increase in both the price level and real GDP.
B) decrease in both the price level and real GDP.
C) increase in real GDP and a decrease in the price level.
D) decrease in real GDP and an increase in the price level.
E) increase in the price level only.
Correct Answer:

Verified
Correct Answer:
Verified
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