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Author Question: In the long run, when an economy experiences inflation, the price level ________ and the nominal ... (Read 90 times)

krzymel

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on: Jun 29, 2018
In the long run, when an economy experiences inflation, the price level ________ and the nominal interest rate ________.
 
  A) rises; falls
  B) rises; rises
  C) rises; remains constant
  D) remains constant; rises
  E) falls; rises

Question 2

Since 1982, the United States has run a current account surplus every year.
 
  Indicate whether the statement is true or false


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ryhom

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

FALSE


krzymel

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Reply #2 on: Jun 29, 2018
Thank you :)


ryhom

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Reply #3 on: Jun 29, 2018
Happy to help you


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