In the long run, most Keynesians believe
A)government policy is neutral.
B)total factor productivity is neutral.
C)the Bank of Canada is neutral.
D)money is neutral.
E)money is not neutral.

Question

Quizplus · Accepted Answer

In the long run, most Keynesians believe that money is neutral, meaning changes in the money supply only affect nominal variables (like prices) and not real variables (like output).

In the Long Run, Most Keynesians Believe