In the long run an increase in the money supply growth rate affects

a. the inflation rate and the natural rate of unemployment.
b. the inflation rate, but not the natural rate of unemployment.
c. neither the inflation rate nor the natural rate of unemployment.
d. the natural rate of unemployment, but not the inflation rate.

b

Economics

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An increase in labor productivity relates to

A) working harder over time. B) working longer over time. C) producing the same output with fewer labor hours. D) producing the same output with more labor hours.

Economics

There are 15 Federal Reserve District Banks

Indicate whether the statement is true or false

Economics