Multiple Choice
If,in the coordination failure model,the nominal money supply acts as a sunspot variable,then it is likely that the nominal money supply would
A) be procyclical.
B) be acyclical.
C) be countercyclical.
D) alternatively appear to be procyclical and countercyclical.
E) be a leading indicator.
Correct Answer:

Verified
Correct Answer:
Verified
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