Which of the following factors is not believed to affect output in the long run?
A)technology
B)monetary policy
C)the size of the labor force
D)the capital stock

Question

Quizplus · Accepted Answer

Monetary policy can have short-term effects on output, but in the long run, it does not affect the potential output of the economy. Factors such as technology, the size of the labor force, and the capital stock have a more long-lasting impact on a country's output.

Which of the Following Factors Is Not Believed to Affect