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Home Q & A Board Other Fields Homework Help Business Economics
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Munze Munze
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6 years ago
Suppose the economy is initially operating at the natural level of output. Now, suppose the central bank increases the rate of nominal money growth by 3%. Given this information, we would expect that
A) the real interest rate will increase by less than 3% in the medium run.
B) the real interest rate will increase by exactly 3% in the medium run.
C) the real interest rate will fall by exactly 3% in the medium run.
D) none of the above
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Macroeconomics

Macroeconomics


Edition: 6th
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Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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6 years ago
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Munze Author
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#2
6 years ago
Extremely insightful, tysm
Macroeconomics, 6/E (Blanchard, Johnson)
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