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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 price level. increase real
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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 price level. increase real GDP only.

User Hopobcn
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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.

User Josh Delsman
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