Jwes1420 Jwes1420

24-12-2019
Business

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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.

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Karabo99 Karabo99

27-12-2019

Answer:

The increase both real GDP and the price level.

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.

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