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In the New Keynesian model in the medium run, a decrease in the money supply will causeA

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January 11th, 2018

In the New Keynesian model in the medium run, a decrease in the money supply will causeA) A decrease in the real interest rate and a decrease in output B) An increase in the real interest rate but no change in outputC) A decrease in output and an increase in the real interest rate D) No change in either the real interest rate or output

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