Why is there a difference between the short-run and long-run effects from an increase in the quantity

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Why is there a difference between the short-run and long-run effects from an increase in the quantity of money?

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Macroeconomics Canada In The Global Environment

ISBN: 9780321931207

9th Edition

Authors: Michael Parkin, Robin Bade

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Question Posted: Jan 09, 2023 04:07 AM

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Why is there a difference between the short-run and long-run effects from an increase in the quantity

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In the short run the price level rises and the money wage rate does not change so the econo...View the full answer

Macroeconomics Canada In The Global Environment

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