Most Economists Believe That the Classical Model Is the Appropriate

Multiple Choice

Most economists believe that the classical model is the appropriate model for analysis of the economy in the

A) long run,because evidence indicates that money is not neutral in the long run.
B) long run,because real and nominal variables are essentially determined separately in the long run.
C) short run,because money is neutral in the short run.
D) short run,because real and nominal variables are not highly intertwined in the short run.