Homework Clinic
Social Science Clinic => Economics => Macroeconomics => Topic started by: bio_gurl on Jan 2, 2020
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In the monetary intertemporal model, the long-run effects of an increase in the money supply growth rate include
◦ an decrease in output and an decrease in the real wage.
◦ an increase in output and an increase in the real wage.
◦ an decrease in output and an increase in the real wage.
◦ an increase in output and a decrease in the real wage.
◦ an increase in output and a decrease in the real interest rate.
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an decrease in output and an increase in the real wage.