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Assuming an Upward-Sloping Short-Run Aggregate Supply Curve, an Increase in the Money

Question 141

Multiple Choice

Assuming an upward-sloping short-run aggregate supply curve, an increase in the money supply results in ________ in output and ________ in prices in the short run.


A) an increase; an increase
B) a decrease; a slight decrease
C) a decrease; no change
D) no change; an increase

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