Assuming Money Neutrality in the Classical Model,a 10% Increase in the Nominal

question 36

Multiple Choice

Assuming money neutrality in the classical model,a 10% increase in the nominal money supply would cause

• A)a 10% increase in the real money supply.
• B)a 10% decrease in the real money supply.
• C)no change in the real money supply.
• D)a less-than-10% change in the price level due to a shift in the aggregate supply curve.

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