According to Keynesians, an increase in the money supply will have its least impact on GDP when the aggregate demand curve intersects:

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According to Keynesians, an increase in the money supply will have its least impact on GDP when the aggregate demand curve intersects the vertical portion of the aggregate supply curve. This is because, in this scenario, the economy is already producing at its full capacity and any increase in demand will only result in an increase in prices, not output.

According to Keynesians, an Increase in the Money Supply Will