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Monetary Neutrality Is a Characteristic of the Aggregate Demand-Aggregate Supply

Question 124

Multiple Choice

Monetary neutrality is a characteristic of the aggregate demand-aggregate supply model in:


A) both the short run and the long run.
B) in neither the short run nor the long run.
C) in the short run, but not in the long run.
D) in the long run, but not in the short run.

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