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Home Q & A Board Other Fields Homework Help Business Economics
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Mandolina Mandolina
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7 years ago
The new classical economists believe that an anticipated increase in the money supply will
A) expand output and employment.
B) be immediately offset by a reduction in aggregate supply.
C) immediately cause potential GDP to expand.
D) lead to an immediate reduction in the price level with no change in output or employment.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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hecosmetichecosmetic
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7 years ago
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Mandolina Author
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#2
7 years ago
Makes a ton of sense now Smiling Face with Open Mouth
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