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Quiz
· Inflation and Quantity Theory of Money
· 18 of 18
Principles of Macroeconomics
Knowledge Check
Question 1 of 4
While money is neutral in the long run, an increase in the money supply can lead to which event in the short run?
a.
A decrease in real output GDP.
b.
An increase in real output GDP.
c.
A run on banks, as they have too much money.
d.
A run on banks, as they have too little money.
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