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Suppose That the Money Supply Increases

Question 140

Multiple Choice

Suppose that the money supply increases. In the long run, employment increases according to which of the following theories?


A) both the long-run Phillips curve and the aggregate demand and aggregate supply model
B) neither the long-run Phillips curve nor the aggregate demand and aggregate supply model
C) only the long-run Phillips curve
D) only the aggregate demand and aggregate supply model

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