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According to the classical dichotomy, which of the following is influenced by monetary factors in the long run? a. the nominal interest rate b. the real interest rate c. the real wage. d. All of the above are correct.

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D). All of the following are influenced by monetary factors in the long run.

The classical dichotomy states that real variables (such as output, employment, and the real wage) are determined by real factors (such as technology, preferences, and population) in the long run, while nominal variables (such as the nominal interest rate and the price level) are determined by monetary factors.

Therefore, the correct answer is d. All of the above are correct. The nominal interest rate and the price level are influenced by monetary factors in the long run, while the real interest rate and the real wage are determined by real factors.

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