31. In the long run, a sustained increase in growth of the money supply relative to the...
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31. In the long run, a sustained increase in growth of the money supply relative to the growth rate of potential real output will most likely
a. cause the nominal interest rate to fall.
b. cause the real interest rate to fall.
c. reduce the natural rate of unemployment.
d. increase real output growth.
e. do none of the above.
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