Multiple Choice
In the strict monetarist view, a large increase in the money supply will have
A) a large impact on the velocity of money and a large impact on nominal output.
B) a large impact on the velocity of money and a small impact on nominal output.
C) no effect on the velocity of money and a large impact on nominal output.
D) no effect on the velocity of money and a small impact on the nominal output.
Correct Answer:

Verified
Correct Answer:
Verified
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