In the Monetary Intertemporal Model,the Long-Run Effects of an Increase

question 15

Multiple Choice

In the monetary intertemporal model,the long-run effects of an increase in the growth rate of money include

• A) an increase in output and an increase in the real wage.
• B) an increase in output and a decrease in the real wage.
• C) a decrease in output and an increase in the real wage.
• D) a decrease in output and a decrease in the real wage.

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