Multiple Choice
Which of the following implies that an increase in the money supply growth rate permanently changes the unemployment rate?
A) both the long-run aggregate supply curve and the long-run Phillips curve
B) the long-run aggregate supply curve,but not the long-run Phillips curve
C) the long-run Phillips curve,but not the long-run aggregate supply curve
D) neither the long-run Phillips curve nor the long-run aggregate supply curve
Correct Answer:

Verified
Correct Answer:
Verified
Q49: If an increase in inflation permanently reduced
Q88: The "natural" rate of unemployment is the
Q89: If inflation is greater than expected,then the
Q90: If the Federal Reserve decreases the rate
Q92: In the long run,an increase in the
Q95: The long-run Phillips curve would shift to
Q96: In the late 1960s,Milton Friedman and Edmund
Q97: Which of the following is correct concerning
Q98: The long-run Phillips curve would shift left
Q151: If people correctly anticipate that inflation will