According to the New Classical School of Thought, a Continually

question 28

Multiple Choice

According to the new classical school of thought, a continually increasing money supply causes ________.

• A) the aggregate demand curve to shift continually to the right, and the price level to increase continually
• B) the aggregate supply curve to shift continually to the right, and the price level to increase continually
• C) the long-run aggregate supply curve to shift continually to the right, and the price level to increase continually
• D) B and C only

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