In the long run, when the Fed increases the quantity of money the

Name: In the long run, when the Fed increases the quantity of money the
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In the long run, an increase in the quantity of money by the Federal Reserve leads primarily to proportional increases in the price level, leaving real variables such as real GDP, real interest rates, and unemployment unaffected, according to the classical dichotomy and neutrality of money principles.

In the Long Run, When the Fed Increases the Quantity