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If the money supply increases and nominal GDP remains the same, then 1. price level increased 2. price level decreased 3. velocity increased 4. velocity decreased 5. rgdp increased
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Feb 19, 2023
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If the money supply increases and nominal GDP remains the same, then
1. price level increased
2. price level decreased
3. velocity increased
4. velocity decreased
5. rgdp increased
Advanced Placement (AP)
high-school
Paweloque
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I would think the rgdp increased instead
AntonyW
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Feb 24, 2023
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AntonyW
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