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o-na [289]
3 years ago
10

According to the simple quantity theory of money in the ad-as framework, when the money supply increases, the result is ________

__ in real gdp and __________ in the price level.
Business
1 answer:
sasho [114]3 years ago
5 0

In accordance with the simple quantity theory of money in the AD-AS framework, when there in an increase in the money supply, the result is a directly proportional increase in real GDP and a directly proportional increase in the price level.

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The sixteenth amendment 
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3 years ago
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