Multiple Choice
Which of the following is NOT a result of monetary policy?
A) aggregate demand is affected, leading to a change in nominal GDP
B) the level of potential GDP will change
C) spending on investment and durable consumption goods is affected
D) the rates of unemployment and inflation are affected in the short run
E) real interest rates will remain unaffected in the long run
Correct Answer:
Verified
Correct Answer:
Verified
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