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Home Q & A Board Other Fields Homework Help Business Economics
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Roar Roar
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6 years ago
For this question, assume that the economy is initially operating at the natural level of output. A monetary expansion will cause
A) no change in the real wage in the medium run.
B) an increase in investment in the medium run.
C) a reduction in the interest rate in the medium run.
D) no change in the nominal wage in the medium run.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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vonCOLLINZOvonCOLLINZO
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Roar Author
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#2
6 years ago
Tough macro class, thanks for helping
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