The price level in the long-run model
A) is positively related to the level of real GDP.
B) is positively related to the interest rate.
C) is positively related to the sensitivity of money demand to income.
D) is negatively related to the sensitivity of money demand to the interest rate.
E) none of the above.

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The Answer of The price level in the long-run model
A) is positively related to the level of real GDP.
B) is positively related to the interest rate.
C) is positively related to the sensitivity of money demand to income.
D) is negatively related to the sensitivity of money demand to the interest rate.
E) none of the above.

The Price Level in the Long-Run Model