In the long run,the effect of an increase in the money supply is to

Name: In the long run,the effect of an increase in the money supply is to
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In the long run, an increase in the money supply typically results in inflation, which means the price level increases. It does not permanently affect real national income because, in the long run, the economy adjusts to the higher money supply, and real variables like national income return to their initial levels.

In the Long Run,the Effect of an Increase in the Money