In the short run in a new Keynesian model an increase in money means:

Name: In the short run in a new Keynesian model an increase in money means:
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In a new Keynesian model, an increase in money supply will lead to a decrease in the interest rate, as the demand for money will increase which will lead to an increase in aggregate demand and output. The increase in money supply does not necessarily lead to a rise in the price level or a fall in real GDP.

In the Short Run in a New Keynesian Model an Increase