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Author Question: In the medium run, an increase in the rate of growth of nominal money will cause A) lower nominal ... (Read 157 times)

penguins

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on: Jun 30, 2018
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


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potomatos

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

D

Answer to Question 2

C


penguins

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Reply #2 on: Jun 30, 2018
Thank you :)


potomatos

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Reply #3 on: Jun 30, 2018
Happy to help you


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