Author Question: There is a strong link between changes in the money supply and inflation A) in neither the short ... (Read 164 times)

jCorn1234 · **on:** Jun 29, 2018

There is a strong link between changes in the money supply and inflation

A) in neither the short run nor the long run. B) in the short run, but not in the long run.
C) in the long run, but not in the short run. D) in both the short run and the long run.

Question 2

If the economy experiences a(n) ________, inflation will rise and real GDP will fall.

A) negative supply shock B) decrease in aggregate demand
C) increase in short-run aggregate supply D) positive supply shock