Multiple Choice
In the monetary intertemporal model,the long-run effects of an increase in the money supply growth rate include
A) an increase in output and an increase in the real wage.
B) an increase in output and a decrease in the real wage.
C) an decrease in output and an increase in the real wage.
D) an decrease in output and an decrease in the real wage.
E) an increase in output and a decrease in the real interest rate.
Correct Answer:
Verified
Correct Answer:
Verified
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