If households misperceive prices, they may change real decisions in response to changes in the money supply in the long run.
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Q1: If the nominal wage is €10 per
Q2: If the nominal wage is €10 per
Q4: Money can only effect real variables in
Q5: If the nominal wage is €10 per
Q6: We would expect households to have the
Q7: If the nominal wage rises from €10
Q8: We would expect households to have incomplete
Q9: If the nominal wage is €10 per
Q10: If the nominal wage is €10 per
Q11: We would expect households to have incomplete
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