Under the assumption of rational expectations, an anticipated increase in the money supply has no effect on
A) nominal GDP.
B) real GDP.
C) the price level.
D) velocity.
B
Economics
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Parallel markets is another term for:
a. government interventions. b. interbank trades. c. black markets. d. trade in goods and in services
Economics
Based on the fertility-rate calculations for major industrialized countries, their populations are expected to decline significantly in the coming years because the:
A. Total fertility rate is higher than the replacement rate B. Total fertility rate is below the replacement rate C. Fertility rate and the replacement rate are about equal D. Fertility rate divided by the replacement rate is greater than one
Economics