Which of the following represents the most valuable resource sold by most households in 2009?

The uncertainty costs of inflation cause ________ because ________

A) a decrease in investment and slower growth; people focus on the long run and not the short run B) an increase in investment and faster growth; people focus on the short run and not the long run C) a decrease in investment and slower growth; people increase their demand for money D) a decrease in investment and slower growth; people focus on the short run and not the long run E) an increase in investment and faster growth; people decrease their demand for money

According the AS/AD model, in the long run, expansionary monetary policy will

a. increase both real GDP and the price level. b. decrease both real GDP and the price level. c. decrease the price level and leave real GDP unchanged. d. increase the price level and leave real GDP unchanged. e. increase real GDP and reduce the price level.