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The initial effect of an increase in the money supply is to decrease the interest rate. decrease the price level. increase the interest rate. increase

The initial effect of an increase in the money supply is to

  1. decrease the interest rate.
  2. decrease the price level.
  3. increase the interest rate.
  4. increase the price level.

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Macroeconomics

Macroeconomics

Authors: Charles I. Jones

3rd edition

978-0393923902

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