Author Question: According to the quantity theory of money, in the long run an increase in the quantity of money ... (Read 181 times)

Zulu123 · **on:** Jun 29, 2018

According to the quantity theory of money, in the long run an increase in the quantity of money creates an increase in the price level but does not increase real GDP.

Indicate whether the statement is true or false

Question 2

Moral hazard exists chiefly because of

A) economies of scale.
B) diseconomies of scale.
C) private information.
D) public information.