Which of the following can a country increase in the long run by increasing its money growth rate?
A)The nominal wage
B)Real output
C)Real interest rates
D)The real wage

Question

Quizplus · Accepted Answer

Increasing the money growth rate can lead to inflation, which in turn can increase nominal wages as workers demand higher pay to keep up with rising prices. However, it does not necessarily increase real output, real interest rates, or real wages in the long run, as these are influenced by real factors such as productivity, technology, and preferences.

Which of the Following Can a Country Increase in the Long