Other things the same, continued increases in the money supply lead to a. continued increases in the price level and real GDP. b. continued increases in real GDP but not continued increases in the price level. c. continued increases in the price level but not continued increases in real GDP. d. a one-time permanent increase in both prices and real GDP.

Other things the same, continued increases in the money supply lead to a. continued increases in the price level and real GDP. b. continued increases in real GDP but not continued increases in the price level. c. continued increases in the price level but not continued increases in real GDP. d. a one-time permanent increase in both prices and real GDP.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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