Changes in the money supply growth rate
A) are neutral in the short run.
B) need not be neutral in the short run.
C) are neutral in the long run.
D) need not be neutral in the long run.
E) affect the real output of the economy.
D
Economics
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As Sam moves rightward along his indifference curve, his marginal rate of substitution
A) is diminishing. B) is increasing. C) remains constant. D) shows the change in his income.
Economics
When the price of a good rises from $5 to $7 a unit, the quantity supplied increases from 110 to 130 units a day. The price elasticity of supply is _______. The supply of the good is _______
A. 60; elastic B. 10; elastic C. 0.5; inelastic D. 2; inelastic
Economics