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Author Question: The long-run effect of a decrease in the growth rate of the quantity of money is a A) higher real ... (Read 35 times)

jlmhmf

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on: Jun 29, 2018
The long-run effect of a decrease in the growth rate of the quantity of money is a
 
  A) higher real interest rate.
  B) lower nominal interest rate.
  C) higher inflation rate.
  D) higher nominal interest rate.
  E) lower real interest rate.

Question 2

If a nation devotes a larger share of its current production to consumption goods, then
 
  A) it must produce at a point within its PPF.
  B) its economic growth will slow down.
  C) some productive factors will become unemployed.
  D) its PPF will shift inward.
  E) its PPF will shift outward.


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1_Step_At_ATime

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

B

Answer to Question 2

B


jlmhmf

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

skipfourms123

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Reply 3 on: Yesterday
Excellent

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