According to the Aggregate Demand and Aggregate Supply Model, in the Long

Multiple Choice

According to the aggregate demand and aggregate supply model, in the long run what is the impact of an increase in the money supply?

A) It leads to increased price level and real GDP.
B) It leads to increased GDP, but there is no change in the price level.
C) It leads to increased price level, but there is no change in real GDP.
D) It does not cause a change in either the price level or real GDP.