Multiple Choice
Suppose that money supply growth increases.In the long run,this increases employment according to
A) both the long-run Phillips curve and the aggregate demand and aggregate supply model.
B) neither the long-run Phillips curve nor the aggregate demand and aggregate supply model.
C) the long-run Phillips curve,but not the aggregate demand and aggregate supply model.
D) the aggregate demand and aggregate supply model,but not the long-run Phillips curve
Correct Answer:
Verified
Correct Answer:
Verified
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