In the short run,a permanent increase in the domestic money supply causes
A) a greater upward shift in the DD curve than that caused by an equal,but transitory,increase.
B) a greater downward shift in the AA curve than that caused by an equal,but transitory,increase.
C) an smaller upward shift in the AA curve than that caused by an equal,but transitory,increase.
D) a smaller downward shift in the AA curve than that caused by an equal,but transitory,increase.
E) a greater upward shift in the AA curve than that caused by an equal,but transitory,increase.
Correct Answer:
Verified
Q68: A naïve implication of the DD-AA framework
Q72: Use a figure to study the following
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A) shifts the DD
A)monetary expansion causes the
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