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    Principles of Macroeconomics Study Set 8
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    Exam 20: Aggregate Demand and Aggregate Supply: Explaining Short-Run Economic Fluctuations
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    According to Classical Macroeconomic Theory,changes in the Money Supply Affect
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According to Classical Macroeconomic Theory,changes in the Money Supply Affect

Question 17

Question 17

Multiple Choice

According to classical macroeconomic theory,changes in the money supply affect


A) nominal variables and real variables.
B) nominal variables,but not real variables.
C) real variables,but not nominal variables.
D) neither nominal nor real variables.

Correct Answer:

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