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2. Economists sometimes refer to the neutrality of changes in nominal money growth. This neutrality of nominal money growth implies that changes in nominal money

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2. Economists sometimes refer to the neutrality of changes in nominal money growth. This neutrality of nominal money growth implies that changes in nominal money growth have no medium-run effect on which of the following? (a) the inflation rate. (b) the price level. (c) output growth. nominal wages. [6 points]

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