The classical economists' conclusion that nominal income is determined by movements in the money supply rested on their belief that could be treated as in the short run

A) velocity; constant
B) velocity; variable
C) money; constant
D) money; variable

Economics

Those on Medicare also automatically receive supplemental medical insurance

Indicate whether the statement is true or false

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Economics

Total benefits minus total cost equals:

A. gross benefit. B. marginal benefit. C. net benefit. D. incremental benefit.

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Economics

The classical economists' conclusion that nominal income is determined by movements in the money supply rested on their belief that ________ could be treated as ________ in the short run