Question: Assuming a stable velocity and a real GDP below the potential levels (recessionary gap), according to the quantity equation of money, what results from an

Assuming a stable velocity and a real GDP below the potential levels (recessionary gap), according to the quantity equation of money, what results from an increase in the money supply? Select the correct answer below: increase in both the price level and real GDP only inflation only an increase in real GDP the recession deepens

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