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vellojo vellojo
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7 years ago
If the Fed responds to an increase in aggregate demand by increasing the quantity of money,
A) money wage rates will fall to reduce the unemployment.
B) nothing happens because aggregate demand had already increased.
C) there will be continued inflation.
D) output will begin to decrease more rapidly than otherwise.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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amishamish
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vellojo Author
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7 years ago
I went through a flood of websites until I signed up here lol Glad I did
Studying economics @ Edinburgh U
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