Empirically, a Large Amount of Evidence Suggests That Money Neutrality

Multiple Choice

Empirically, a large amount of evidence suggests that money neutrality ________, but changes in money supply ________.

A) holds in the short run; do not affect nominal variables
B) does not hold in the long run; can have real effects in the short run
C) holds in the short run; can have real effects in the long run
D) holds in the long run; can have real effects in the short run
E) does not hold in the long run; have an effect on unemployment in the long run