Question: Hi, could you help me with this question please? Use the quantity theory ofmoney combined with a model that include a demand curve, a SEAS

Hi, could you help me with this question please?

Use the quantity theory ofmoney combined with a model that include a demand curve, a SEAS and a LEAS. Suppose that the central bank increases the money supply by 10%. Assume that the velocity of money is constant. a. What happens to output and the price level in the short nm and in the long run? Give a precis numerical answer. (2p) h. In light of your answer to question (a), what happens to unemployment in the short run and in the long run according to (Ham's law? Again, give a precis numerical answer. (41:)

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