According to monetary theory, what is the short-run effect, if any, of an increase in the U.S.
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Question:
According to monetary theory, what is the short-run effect, if any, of an increase in the U.S. money supply on each of the following economic variables: (a) real interest rate; (b) business cycle; (c) real economic growth rate; (d) unemployment rate; (e) At full-employment, what is the principal negative long-run economic effect of using an accommodative monetary policy to finance U.S. government budget deficits?
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