According to the flexible price framework ________
A) an increase in inflation raises real savings
B) an increase in the money supply raises real output
C) an increase in inflation lowers real investment
D) all of the above
E) none of the above
E
Economics
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The term "stagflation" is used to define an economic situation where there are adverse supply shocks which cause a fall in output but with increasing price level
Indicate whether the statement is true or false
Economics
Investment spending, capital formation, and rapid technological progress are directly related
a. True b. False Indicate whether the statement is true or false
Economics