When the money supply rises by 10%, in the short run, output and the price level .A

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When the money supply rises by 10%, in the short run, output ________ and the price level ________.A

When the money supply rises by 10%, in the short run, output ________ and the price level ________.
A) rises; is unchanged
B) declines; is unchanged
C) is unchanged; falls
D) declines; falls

Textbook

Macroeconomics

Edition: 8^th

Authors: Abel, Bernanke, Croushore

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johnpaul92 Author

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8 years ago

This answers my question, thank you so much

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supaman

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8 years ago

Take care for now

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