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Author Question: In the long run, inflation results from increases in a nation's money supply that exceed increases ... (Read 43 times)

Alainaaa8

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  • Posts: 576
on: Jun 30, 2018
In the long run, inflation results from increases in a nation's money supply that exceed increases in its output of goods and services.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

According to the new classical school, if macroeconomic policy is perfectly predictable, then the aggregate supply curve and the Phillips curve must be vertical in both the short run and the long run.
 a. True
  b. False
  Indicate whether the statement is true or false


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karlss

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

True

Answer to Question 2

False


Alainaaa8

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  • Posts: 576
Reply 2 on: Jun 30, 2018
Gracias!

amandalm

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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