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When economists say that there is a classical dichotomy in the long run, they mean that Select one O a changes in nominal wages have

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When economists say that there is a classical dichotomy in the long run, they mean that Select one O a changes in nominal wages have the same effect in the short run as they do in the long run. O b. changes in the price level for example will not affect the real GDP O c. changes in money supply do not affect the price level O d Changes in money supply reduce the purchasing power in both the short run and long run

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