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Suppose the Federal reserve increases the amount of money in the economy. Is this a supply shock? Why or why not? Describe the Keynesian aggregate

Suppose the Federal reserve increases the amount of money in the economy. Is this a supply shock? Why or why not?

Describe the Keynesian aggregate supply curve and the Classical aggregate supply curve. How are they different and why are they different?

use the Quantitative Theory of Money. Suppose that the money supply grows by 6%, the velocity of money falls by 1%, and total output increases by 3%. How much do prices change compared to their original level.

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