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Author Question: In the long run, increases in the money supply increase the economy's potential output level. a. ... (Read 55 times)

evelyn o bentley

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on: Jun 30, 2018
In the long run, increases in the money supply increase the economy's potential output level.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The quantity theory of money states that increases in the money supply result in proportional increases in real GDP.
 a. True
  b. False
  Indicate whether the statement is true or false


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djofnc

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

False


evelyn o bentley

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Reply 2 on: Jun 30, 2018
:D TYSM

jojobee318

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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