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johnpaul92 johnpaul92
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8 years ago
Suppose the real interest rate is 4% and the expected inflation rate is 3%. If the money supply increases by 10% and output, the real interest rate, and the expected inflation rate are unchanged, then the price level increases by
A) 3%.
B) 4%.
C) 10%.
D) 7%.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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johnpaul92 Author
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#2
8 years ago
This answers my question, thank you so much
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#3
8 years ago
Take care for now
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