A Core Belief of Modern Macroeconomics Is That in the Long

Multiple Choice

A core belief of modern macroeconomics is that in the long run:

A) a change in money growth will affect the composition of output, but not its level.
B) a change in money growth will affect the level of output, but not its composition.
C) greater saving will result in greater output.
D) a change in fiscal policy will not affect the composition of output.
E) output can deviate permanently from its natural level.