If an increase in the growth rate of the money supply results in an equal increase in the rate of inflation with no effect on any real variables,we say that
A) the classical dichotomy fails.
B) money is neutral.
C) money is superneutral.
D) money is the most preferred store of value.
Correct Answer:
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Q19: A double coincidence of wants problem can
Q20: The opportunity cost of money is
A) zero.
B)
Q21: The optimal trade-off between current consumption goods
Q22: The Friedman Rule is optimal because
A) households
Q23: In the monetary intertemporal model,the long-run effects
Q25: Which of the following is not a
Q26: According to a study by Thomas Cooley
Q27: An increase in the inflation rate shifts
Q28: The Friedman rule works because
A) it maximizes
Q29: Some of the most renowned examples of
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