The short-run effect of an increase in the money supply is to increase the price level only. increase nominal GDP but decrease the price level. increase both real GDP and the pr…

Question

asked May 19, 2020 168k views

1 Answer

Josh Delsman · Answer 1 · 2020-05-23T05:17:03+0000

Answer:

The increase both real GDP and the price level.

Step-by-step explanation:

in the short run, an increase in money supply results in an increase in the GDP of a country and the price level.

Therefore, The increase both real GDP and the price level.