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29 Sep 2019
A perceived permanent rise in the rate of money growth will cause what long-run effects in the economy?
A.
a rise in the nominal rate of interest and a rise in real GDP by the same percentage
B.
a fall in the nominal rate of interest and a rise in inflation by the same percentage
C.
a fall in the nominal rate of interest and a fall in real GDP by the same percentage
D.
a rise in the nominal rate of interest and a rise in inflation by the same percentage
A perceived permanent rise in the rate of money growth will cause what long-run effects in the economy?
| A. |
a rise in the nominal rate of interest and a rise in real GDP by the same percentage |
|
| B. |
a fall in the nominal rate of interest and a rise in inflation by the same percentage |
|
| C. |
a fall in the nominal rate of interest and a fall in real GDP by the same percentage |
|
| D. |
a rise in the nominal rate of interest and a rise in inflation by the same percentage |
Joshua StredderLv10
29 Sep 2019
