An acceleration of nominal GDP growth from,say 4% to 6% will
A)permanently raise the rate of inflation.
B)temporarily lower the rate of inflation.
C)leave real GDP unaffected in the long run.
D)Both A and C.

Question

Quizplus · Accepted Answer

The Answer of An acceleration of nominal GDP growth from,say 4% to 6% will
A)permanently raise the rate of inflation.
B)temporarily lower the rate of inflation.
C)leave real GDP unaffected in the long run.
D)Both A and C.

An Acceleration of Nominal GDP Growth From,say 4% to 6