Multiple Choice
Which of the following is FALSE?
A) in the short run, the rate of monetary growth and the rate of inflation always follow the same pattern
B) in the short run, a change in the growth rate of money can affect the level of output
C) in the short run, factors other than an increase in the growth rate of money can cause inflation to increase
D) in the long run, a sustained increase in the growth rate of money will cause the inflation rate to increase
E) in the long run, a sustained increase in the growth rate of money will have no effect on the level of output
Correct Answer:

Verified
Correct Answer:
Verified
Q2: When an anti-inflation policy is credible,<br>A)a new
Q3: Assuming a long-run relationship, if the nominal
Q4: If we look at the yearly average
Q5: The recent hyperinflation in Zimbabwe was finally
Q6: The long-run link between money growth and
Q8: Which of the following statements is TRUE?<br>A)hyperinflation
Q9: If we create a diagram with inflation
Q10: Assuming a long-run relationship, if nominal money
Q11: From 1983-88, Peru had an annual inflation
Q12: Which of the following is NOT a