Multiple Choice
In the strict monetarist view, a large increase in the money supply will have:
A) A large impact on the velocity of money and a large impact on nominal output
B) A large impact on the velocity of money and a small impact on nominal output
C) No effect on the velocity of money and a large impact on nominal output
D) No effect on the velocity of money and a small impact on the nominal output
Correct Answer:

Verified
Correct Answer:
Verified
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