In the ________ increases in the supply of money will ________
A) long run; lead to lower prices B) short run; raise total demand and output
C) long run; raise total demand and output D) short run; decrease total demand and output
B
Economics
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Techland's aggregate production function is Y = A × K1/3 × H2/3. Find out the contribution of technology to Techland's GDP if its gross domestic product is $2,000,000, capital stock is 125,000 units and total efficiency units of labor is 1,000,000
What will be an ideal response?
Economics
The government uses the buying power of wages rather than face value or nominal value in reporting changes in "real wages" in the economy
Indicate whether the statement is true or false
Economics