Question: Suppose that the money supply increases. In the long run, this increases employment according to: Group of answer choices both the long-run Phillips curve and the aggregate demand and aggregate supply model. only the long-run Phillips curve. only the aggregate demand and aggregate supply model. neither the long-run Phillips curve nor the aggregate demandSuppose that the money supply increases. In the long run, this increases employment according to: Group of answer choices both the long-run Phillips curve and the aggregate demand and aggregate supply model. only the long-run Phillips curve. only the aggregate demand and aggregate supply model. neither the long-run Phillips curve nor the aggregate demand and aggregate supply model. Option A If money supply increases, then employment Increases in the long run because as money supply increases in…View the full answer
