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In the Monetary Intertemporal Model, the Long-Run Effects of an Increase

Question 33

Multiple Choice

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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