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Business, 11.08.2021 06:00 grumpygirl0720

Suppose that the money supply increases. In the short run, this increases prices according to a. neither the short-run Phillips curve nor the aggregate demand and aggregate supply model. b. the short-run Phillips curve, but not according to the aggregate demand and aggregate supply model. c. both the short-run Phillips curve and the aggregate demand and aggregate supply model. d. the aggregate demand and aggregate supply model but not according to the short-run Phillips curve.

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Suppose that the money supply increases. In the short run, this increases prices according to a. nei...
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