Today, central banks __________ intervene to influence floating exchange rates

A permanent increase in a country's money supply

A) causes a more than proportional increase in its price level. B) causes a less than proportional increase in its price level. C) causes a proportional increase in its price level. D) leaves its price level constant in long-run equilibrium. E) causes an inversely proportional fall in its price level.

The economy is viewed as operating at full employment:

a. when there is no frictional unemployment. b. when there is no structural unemployment. c. when there is no seasonal unemployment. d. when there is no cyclical unemployment.