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smitch6 smitch6
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In the monetary intertemporal model, the long-run effects of an increase in the money supply growth rate include
A) an increase in output and an increase in the real wage.
B) an increase in output and a decrease in the real wage.
C) a decrease in output and an increase in the real wage.
D) a decrease in output and a decrease in the real wage.
E) an increase in output and a decrease in the real interest rate.
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Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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karmarkarmar
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