explain how a change in the money supply can affect the following in the short run: a. the supply of loanable funds b. real gdp c. the price level d. the expected inflation rate

Respuesta :

The real GDP is affected by a change in the money supply can affect the following in the short run.

Define real GDP.

Real GDP is a macroeconomic metric that accounts for inflation and quantifies the worth of the products and services generated by an economy over a given time period. A country's gross domestic product that has been accounted for inflation is known as real GDP. Real gross domestic product (GDP), which refers to the volume level of GDP, is GDP expressed at constant prices. By quantifying the values of all the goods and services produced in a given year in terms of a base period, one can derive constant price estimates of GDP.

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