Which of the Following Statements Is True

Multiple Choice

Which of the following statements is true?

A) ​In a static model, an economy is assumed to start at a point where all variables are constant.
B) ​In the dynamic model of money, the longer prices take to adjust to shocks, the more long­lived is the liquidity effect.
C) ​In the dynamic model of money, all variables are initially growing at an increasing rate but they eventually reach a steady state.
D) ​Money supply is the only endogenous variable in the dynamic model of money.