According to the classical model,an increase in the money supply causes
A)output to increase in the long run.
B)the unemployment rate to fall in the long run.
C)prices to rise in the long run.
D)interest rates to fall in the long run.

Name: According to the classical model,an increase in the money supply causes A)output to increase in the long run. B)the unemployment rate to fall in the long run. C)prices to rise in the long run. D)interest rates to fall in the long run.
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Question

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The Answer is C

According to the Classical Model,an Increase in the Money Supply