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In the Monetarist Version of the AD-AS Framework,starting from Long-Run

Question 40

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In the monetarist version of the AD-AS framework,starting from long-run equilibrium,an increase in the money supply produces


A) no change in Real GDP in the short run or the long run.
B) a rise in Real GDP in both the short run and the long run.
C) a rise in Real GDP in the short run,but not in the long run.
D) a rise in Real GDP in the long run,but not in the short run.

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