For a given level of money and real GDP, an increase in velocity would lead to an increase in the price level

A firm's cost of production is determined by all of the following except

A) the productivity of its workers. B) the amount of corporate taxes it must pay on its profit. C) the technology used to produce its output. D) the cost of raw material used in production.

In response to a temporary change in total factor productivity, the adoption of capital controls under a fixed exchange rate

A) amplifies the effect of this disturbance on both domestic output and the domestic nominal money supply. B) amplifies the effect of this disturbance on domestic output and dampens the effect on the domestic nominal money supply. C) dampens the effect of this disturbance on domestic output and amplifies the effect on domestic nominal money supply. D) dampens the effect of this disturbance on both domestic output and the domestic nominal money supply.