In the Aggregate Demand-Aggregate Supply Model in the Short Run,an

question 39

Multiple Choice

In the aggregate demand-aggregate supply model in the short run,an increase in the money supply will lead to a(n) :

• A)increase in both the price level and real GDP.
• B)decrease in both the price level and real GDP.
• C)increase in real GDP and a decrease in the price level.
• D)decrease in real GDP and an increase in the price level.
• E)increase in the price level only.

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