Multiple Choice
In the long run, the key reason that money is neutral is that
A) the federal budget is balanced.
B) prices are flexible.
C) business cycles have become much milder.
D) the nominal interest rate must equal the real interest rate.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q38: According to the new classical view, if
Q39: The economy begins to enter a recession,
Q40: According to the real business cycle model,
Q41: In terms of the AD-AS model, the
Q42: Available evidence suggests that<br>A)only expected changes in
Q44: The existence of lags in the policymaking
Q45: Which central bank holds press conferences to
Q46: According to Milton Friedman and Anna Schwartz,
Q47: The argument that changes in output cause
Q48: Which of the following schools of thought