In the Keynesian Model in the Long Run,an Increase in the Money

question 74

Multiple Choice

In the Keynesian model in the long run,an increase in the money supply will

• A)raise the price level but not the level of output.
• B)raise the level of output but not the price level.
• C)raise both the level of output and the price level.
• D)raise neither the level of output nor the price level.

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