The price index that refers to all final goods and services produced in a country is the

Other things remaining the same, if the quantity of money increases by a given percentage, then in the long run the ________ by the same percentage

A) real interest rate rises B) price level rises C) nominal interest rate falls D) price level falls E) real interest rate falls

In the above figure, the economy is at point A. Then the price level falls to 90 while the money wage rate does not change. Firms will be willing to supply output equal to

A) less than $16.0 trillion. B) $16.0 trillion. C) more than $16.0 trillion. D) Without more information, it is impossible to determine which of the above answers is correct.