In the Cambridge version of the Quantity Theory of Money, the amount of real money balances __________ after an increase in the nominal money supply.
A) increases
B) decreases
C) is unchanged
D) Cannot be determined from the information given.

Question

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The Answer of In the Cambridge version of the Quantity Theory of Money, the amount of real money balances __________ after an increase in the nominal money supply.
A) increases
B) decreases
C) is unchanged
D) Cannot be determined from the information given.

In the Cambridge Version of the Quantity Theory of Money