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Business, 22.04.2020 01:32 Jessicadiaz8602

When economists state that "money is neutral," they mean that the: money supply does not affect real GDP or unemployment. money supply does not affect inflation or nominal GDP. overall price level has no effect on consumers; only relative prices do. overall price level has no effect on people's inflation expectations.

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When economists state that "money is neutral," they mean that the: money supply does not affect real...
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