Multiple Choice
In the long run, changes in the money supply affect only the price level because
A) the aggregate demand curve is vertical.
B) the aggregate demand curve is downward sloping.
C) the long-run aggregate supply curve is vertical.
D) the long-run aggregate supply curve is upward sloping.
E) current real GDP is less than the economy's potential GDP.
Correct Answer:

Verified
Correct Answer:
Verified
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