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In the New Keynesian Sticky Wage Model,an Increase in the Money

Question 48

Multiple Choice

In the New Keynesian sticky wage model,an increase in the money supply


A) shifts the output supply curve to the right.
B) shifts the output supply curve to the left.
C) shifts the output demand curve to the right.
D) shifts the output demand curve to the left.
E) immediately closes the output gap.

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