Printing more paper money doesn't affect the economy's long-run productivity or its ability to produce; these outcomes are determined by
A) resources only.
B) technology only.
C) institutions only.
D) resources,technology,and institutions.
E) resources and technology only.

Question

Quizplus · Accepted Answer

In the long run, an economy's productivity and ability to produce are determined by a combination of resources, technology, and institutions. These factors influence the efficiency and capacity of production, rather than the amount of money in circulation.

Printing More Paper Money Doesn't Affect the Economy's Long-Run Productivity