Multiple Choice
In the short run,if the Federal Reserve responds to a negative real shock with an increase in money supply growth,the inflation rate will increase because of:
A) the real shock only.
B) the increase in money growth only.
C) both the real shock and the increase in money growth.
D) some reason other than the real shock and the increase in money growth.
Correct Answer:

Verified
Correct Answer:
Verified
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