Author Question: In the long run, holding all else constant, inflation requires a decrease in the money supply ... (Read 44 times)

Lobcity

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In the long run, holding all else constant, inflation requires a decrease in the money supply relative to the output of goods and servicesnot enough money chasing too many goods.
 
  Indicate whether the statement is true or false

Question 2

The most significant cost to a central bank of reducing unemployment is the costs
 
  a. incurred by printing and distributing new money.
  b. of lower output.
  c. of higher real wages.
  d. of inflation.



daiying98

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Answer to Question 1

False

Answer to Question 2

D



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