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    Principles of Macroeconomics Study Set 2
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    Exam 17: Money Growth and Inflation
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    According to the Classical Dichotomy, Which of the Following Increases
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According to the Classical Dichotomy, Which of the Following Increases

Question 1

Question 1

Multiple Choice

According to the classical dichotomy, which of the following increases when the money supply increases?


A) the real interest rate
B) real GDP
C) the real wage
D) None of the above increases.

Correct Answer:

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