In the long run, one-time increases or decreases in the nominal money supply affect

A) real output, but not the price level.
B) the price level, but not real output.
C) both real output and the price level.
D) neither real output nor the price level.

B

Economics

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If good growing conditions increase the supply of strawberries and hot weather increases the demand for strawberries, the quantity of strawberries bought ________

A) increases and the price might rise, fall or not change B) increases and the price rises C) doesn't change and the price falls D) doesn't change and the price rises

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Increases in stock market wealth have caused Americans to increase their saving rate

a. True b. False Indicate whether the statement is true or false

Economics