A horizontal aggregate supply curve causes higher inflation,rather than higher output,to result from increases in the money supply.

Name: A horizontal aggregate supply curve causes higher inflation,rather than higher output,to result from increases in the money supply.
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A horizontal aggregate supply curve implies that the economy is operating below full capacity, so increases in the money supply are more likely to result in higher output rather than higher inflation.

A Horizontal Aggregate Supply Curve Causes Higher Inflation,rather Than Higher