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True or False: The Keynesian view on inflation is that a change in the money supply will directly cause changes in the aggregate demand curve,
True or False: The Keynesian view on inflation is that a change in the money supply will directly cause changes in the aggregate demand curve, thereby affecting the price level, while the monetarist view on inflation is that an increase in the monetary supply will drive down interest rates. The interest rate decrease will shift the aggregate demand curve out. The aggregate demand shifting out will increase the price level, which is also known as inflation. True False
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