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The principle of monetary neutrality implies that an increase in the money supply will Question 35 options: increase real GDP, but not the price level.
The principle of monetary neutrality implies that an increase in the money supply will Question 35 options: increase real GDP, but not the price level. increase real GDP and the price level. increase the price level, but not real GDP. increase neither the price level nor real GDP
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Macroeconomics Principles and Applications
Authors: Robert e. hall, marc Lieberman
5th edition
1111397465, 9781439038970, 1439038988, 978-1111397463, 143903897X, 9781439038987, 978-1133265238
