In the long run, when the Fed increases the quantity of money the
A) no real variable changes.
B) price level falls.
C) real interest rate rises.
D) nominal interest rate falls.
A
Economics
You might also like to view...
If the Fed wants to stimulate aggregate demand it should _____ bonds to _____ the money supply.
A. buy; increase B. sell; increase C. buy; decrease D. sell; decrease
Economics
If investment in Macroland increases, it is possible for the people of Macroland to increase savings and not experience a reduction in their country's national income
Indicate whether the statement is true or false
Economics