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    Principles of Macroeconomics Study Set 8
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    Exam 17: Money Growth and Inflation: The Classical Theory of Inflation
  5. Question
    According to the Classical Dichotomy,which of the Following Increases When
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According to the Classical Dichotomy,which of the Following Increases When

Question 117

Question 117

Multiple Choice

According to the classical dichotomy,which of the following increases when the money supply increases?


A) the real interest rate
B) real GDP
C) the real wage
D) the nominal wage.

Correct Answer:

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