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7) The neutrality of money is consistent with which of the following statements? A) changes in the money supply will not affect the price level
7)The neutrality of money is consistent with which of the following statements? A) changes in the money supply will not affect the price level in the short run
B) changes in the money supply will not affect employment in the short run.
C) changes in the money supply will not affect the price level in the medium run
D) changes in the money supply will not affect employment in the medium run.
E) none of the above.
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