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    Business
  3. Study Set
    Intermediate Macroeconomics
  4. Exam
    Exam 16: Money and Business Cycles I: the Price-Misperceptions Model
  5. Question
    Money Can Only Effect Real Variables in the Short Run
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Money Can Only Effect Real Variables in the Short Run

Question 56

Question 56

True/False

Money can only effect real variables in the short run, if people expect the increase in the money supply.

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