The neutrality of money means that one time changes in the money supply do not affect real variables.
Correct Answer:
Verified
Q6: Money is different from other assets like
Q7: High powered money is:
A)money held by business
Q8: Commodity money is money that has value
Q9: If a person holds one dollar and
Q10: Fiat money is money that has value
Q12: US M1 money includes:
A)currency held by the
Q13: US M2 money includes:
A)currency, time deposits government
Q14: If the interest rate increases, then the
Q15: When households reduce their average money balances,
Q16: US M2 money includes:
A)currency.
B)demand deposits
C)small time deposits.
D)all
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