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In the Aggregate Demand-Aggregate Supply Model,an Increase in the Money

Question 103

Multiple Choice

In the aggregate demand-aggregate supply model,an increase in the money supply will cause in the short run a(n)


A) increase in both the price level and real GDP
B) decrease in both the price level and real GDP
C) increase in real GDP and a decrease in the price level
D) decrease in real GDP and an increase in the price level
E) increase in the price level only

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