What impact will an unanticipated increase in the money supply have on the real interest rate, real

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What impact will an unanticipated increase in the money supply have on the real interest rate, real output, and employment in the short run? How will expansionary monetary policy affect these factors in the long run? Explain. 

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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