The principle of monetary neutrality implies that an increase in the money supply will
a. increase real GDP and the price level.
b. increase real GDP, but not the price level.
c. increase the price level, but not real GDP.
d. increase neither the price level nor real GDP.
c
Economics
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Some economists argue that federal government capital projects, which offer benefits over a number of years, should be financed through deficit financing
a. True b. False Indicate whether the statement is true or false
Economics
GDP is a measure of:
a. domestic production. b. changes in the general level of prices. c. material well-being. d. social welfare.
Economics