Economists sometimes refer to the neutrality of changes in nominal money growth. This neutrality implies that changes in nominal money growth have no medium- run effect on which of the following?

Question

Quizplus · Accepted Answer

The neutrality of changes in nominal money growth implies that changes do not affect output growth in the medium-run, but they can affect other variables such as inflation rate, price level, nominal money, and nominal wages.

Economists Sometimes Refer to the Neutrality of Changes in Nominal