In the long run, the quantity of money
A) does not matter.
B) influences GDP.
C) influences unemployment.
D) influences the business cycle.
A
Economics
You might also like to view...
All of the following are exempt from antitrust enforcement EXCEPT
A. television and radio stations. B. professional baseball. C. hospitals. D. labor unions.
Economics
Imagine two economies that are identical except that, for a long time, economy A has had a money supply of $1,000 billion while economy B has had a money supply of $1,500 billion. It follows that
a) the price level, but not real GDP is higher in country B. b) real GDP and the price level are higher in country B. c) real GDP, but not the price level, is higher in country B. d) neither the price level or real GDP is higher in country B.
Economics