Assuming that the economy is in the long run equilibrium at full employment, changes in the money supply affect:
A) the price level.
B) employment.
C) real GDP.
D) all of the above
Correct Answer:
Verified
Q79: Friedman and Keynes:
A) disagreed on how the
Q80: The Keynesian aggregate supply curve is:
A) vertical.
B)
Q81: Recall Application 3, "Increasing Health-Care Expenditures and
Q82: Q83: The crowding- in effect implies that a Q85: In the short run, which of the Q86: One implication of Say's Law is that: Q87: If the long- run neutrality of money Q88: Recall Application 3, "Increasing Health-Care Expenditures and Q89:
A)
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