In a nation with no inflation the central bank raises the, Business Economics

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In a nation with no inflation the central bank raises the

In a nation with no inflation, the central bank raises the money supply by 6%, and each dollar is spent 1% more than it was before. From this we know:

A: total spending is unchanged

B: nominal GDP is unchanged

C: real GDP increases by 7%

D: the nominal money supply increases by 7%

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Business Economics: In a nation with no inflation the central bank raises the

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Business Economics: In a nation with no inflation the central bank raises the

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