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Posted: May 18th, 2024
Regent ECON 230 – As a result of an increase in the growth rate of money supply
As a result of an increase in the growth rate of money supply,a. real GDP growth rate increases only in the short run, and the inflation rate increases in both the short run and the long runb. Real GDP growth rate increases only in the long run, and the inflation rate increases only in the short runc. real GDP growth rate increases in both the short run and the long run, and the inflation rate increases only in the short rund. both the real growth rate and the inflation rate increase only in the short run
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