The statement that "measures of the distribution of income are based on money income" relates to which problem in measuring inequality?

The long-run aggregate supply curve will shift outward to the right when

A) the price level decreases. B) the real-balance effect increases. C) there is economic growth. D) the amount of labor decreases.

With respect to Friedman's natural rate theory, expansionary monetary policies can

a. move output above the natural rate but leave unemployment at the natural rate in the short-run. b. only affect inflation and not unemployment in the long-run. c. leave output at its natural rate with a simultaneous decrease in the natural rate of employment. d. move output and employment below the natural rate.