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Can someone help me answer the following questions? Answer the following questions: a) What is the impact of an increase in the money supply on

Can someone help me answer the following questions?

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Answer the following questions: a) What is the impact of an increase in the money supply on the price level in the short run? ( Just mention whether the price level would increase, decrease or remain unchanged). b) What is the impact of an increase in the money supply on the price level in the long run? ( Just mention whether the price level would increase, decrease or remain unchanged). c) According to the AS-AD model, what is the impact of decreasing money supply on: (just mention whether the variable increases, decreases or remains unchanged) - interest rate - investment - output d) Assume that in period one: money supply = 15, velocity =5, and nominal output=25. Calculate the long rub price level P. e) Assume that in period two money supply increased by 5 units while velocity and output remained unchanged. Calculate: - Price level P - Growth in money supply between the two period. - Growth in the price level (inflation). f) Is the change in the price level in the previous part compatible with short run theories or the long run theories

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