Multiple Choice
Which of the following statements is true about the misperceptions theory?
A) Both anticipated and unanticipated changes in the nominal money supply have real effects on the economy.
B) Neither anticipated nor unanticipated changes in the nominal money supply has real effects on the economy.
C) Unanticipated changes in the nominal money supply have real effects, but anticipated changes are neutral.
D) Anticipated changes in the nominal money supply have real effects, but unanticipated changes are neutral.
Correct Answer:
Verified
Correct Answer:
Verified
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