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johnpaul92 johnpaul92
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Posts: 2600
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8 years ago
Assuming money neutrality in the classical model, a 10% increase in the nominal money supply would cause
A) a 10% increase in the real money supply.
B) a less-than-10% change in the price level due to a shift in the aggregate supply curve.
C) a 10% decrease in the real money supply.
D) no change in the real money supply.
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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#1
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8 years ago
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johnpaul92 Author
wrote...
#2
8 years ago
This answers my question, thank you so much
wrote...
#3
8 years ago
Glad to be part of your success Wink Face
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