Multiple Choice
The long-run neutrality of money refers to the fact that in the long run,monetary policy
A) changes only real output.
B) changes only the real interest rate.
C) changes both real output and the real interest rate.
D) has no effect on either real output or the real interest rate.
Correct Answer:

Verified
Correct Answer:
Verified
Q46: In the long-run the ISLM model predicts
Q47: In the basic closed-economy ISLM model,the goods
Q48: Using the ISLM model,explain and show graphically
Q49: A contractionary monetary policy shifts the LM
Q50: Everything else held constant,if aggregate output is
Q52: Everything else held constant,a monetary expansion is
Q53: Crowding out will be more pronounced the
Q54: Macroeconomic equilibrium requires<br>A)equilibrium in the goods market.<br>B)equilibrium
Q55: The less interest-sensitive is money demand,the<br>A)more effective
Q56: Everything else held constant,if aggregate output is