In the long run according to the quantity theory of money, if the money supply doubles, what

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In the long run according to the quantity theory of money, if the money supply doubles, what happens to the price level? What happens to real GDP? In both cases, state the percentage change in either the price level or real GDP.

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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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Question Posted: Nov 24, 2015 08:54 AM

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In the long run according to the quantity theory of money, if the money supply doubles, what

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Modern Principles of Economics

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