Solved

Most Economists Believe That in the Long Run,changes in the Money

Question 18

Multiple Choice

Most economists believe that in the long run,changes in the money supply


A) affect nominal but not real variables.This view that money is ultimately neutral is consistent with classical theory.
B) affect nominal but not real variables.This view that money is ultimately neutral is inconsistent with classical theory.
C) affect real but not nominal variables.This view that money is ultimately neutral is consistent with classical theory.
D) affect real but not nominal variables.This view that money is ultimately neutral is inconsistent with classical theory.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions