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Which of the following is true, according to monetarists? O a. Changes in the money supply have no effect on real variables. O b. The

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Which of the following is true, according to monetarists? O a. Changes in the money supply have no effect on real variables. O b. The velocity of money increases as real GDP increases. O c. The total demand for money equals the asset demand for money. O d. Individuals hold idle balances for rational reasons. O e. If the economy is at full employment, increasing the money supply will increase the price level

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