An anticipated change in the money supply will result in a(n) __________ level of economic activity and a __________ price level

Why doesn't GDP change in the long run when the money supply changes?

A. Because in the long run, GDP is determined by the fundamental factors of growth, not the money supply. B. Because the money supply changes only in the short run and then returns to its long-run level. C. Because in the long run, GDP is determined by fiscal policy and not by monetary policy. D. Because in the long run, households adjust their savings to counteract any change in the money supply.

The federal agency that ensures that potential security purchasers are well informed is the

A) FCC. B) FTC. C) NRC. D) SEC.