The quantity theory of money is better able to
A. To explain the inflation rate in the long run
B. To explain the full employment in the long run
C. To explain the inflation rate in the short run
Ans: A. To explain the inflation rate in the long run
Economics
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In the United States, technological advances help explain persistently rising employment in the face of rising wages
a. True b. False Indicate whether the statement is true or false
Economics
Individuals cannot buy unemployment insurance for themselves. The most likely reason for this is
A. moral hazard. B. imperfect information. C. a culture of poverty. D. the free-rider problem.
Economics