This topic contains a solution. Click here to go to the answer

Author Question: In the medium run, an increase in the rate of growth of nominal money will cause A) lower nominal ... (Read 107 times)

penguins

  • Hero Member
  • *****
  • Posts: 903
In the medium run, an increase in the rate of growth of nominal money will cause
 
  A) lower nominal and lower real interest rates.
  B) lower nominal interest rates and no change in the real interest rate.
  C) an increase in inflation and an increase in output growth.
  D) a proportionate increase in inflation.

Question 2

Monetary policy has medium-run effects on which of the following?
 
  A) the level of output but not its composition
  B) both the level and composition of output
  C) only the price level
  D) the level of output AND the price level
  E) none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

potomatos

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

D

Answer to Question 2

C





 

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

For a complete list of videos, visit our video library