In the monetary intertemporal model, the long-run effects of an increase in the growth rate of money include

A) an increase in output and an increase in the real wage.
B) an increase in output and a decrease in the real wage.
C) a decrease in output and an increase in the real wage.
D) a decrease in output and a decrease in the real wage.

C

Economics

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Which of the following decisions best reflects marginal thinking?

a. deciding to get married b. starting a new business c. attending graduate school d. switching phone carriers

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In general, when people talk about investing, they mean that they:

A. hold stocks or bonds. B. have lent their money to someone who will use it to buy physical capital. C. have put money in the stock market. D. All of these statements are true.

Economics