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In the Monetary Intertemporal Model,the Long-Run Effects of an Increase

Question 15

Multiple Choice

In the monetary intertemporal model,the long-run effects of an increase in the growth rate of money 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) a decrease in output and an increase in the real wage.
D) a decrease in output and a decrease in the real wage.

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