An increase in the money supply in the short run changes ____, whereas in the long run, ____ change.
A) exchange rates; nominal interest rates
B) price levels; interest rates
C) interest rates; interest rates
D) interest rates; inflation rates

Question

Quizplus · Accepted Answer

The Answer of An increase in the money supply in the short run changes ____, whereas in the long run, ____ change.
A) exchange rates; nominal interest rates
B) price levels; interest rates
C) interest rates; interest rates
D) interest rates; inflation rates

An Increase in the Money Supply in the Short Run