Author Question: Above the equilibrium nominal interest rate, there is a surplus of money. a. True b. False ... (Read 59 times)

theo · **on:** Jun 30, 2018

Above the equilibrium nominal interest rate, there is a surplus of money.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The effect lag occurs because it takes policymakers some time to recognize that a problem exists in an economy.
a. True
b. False
Indicate whether the statement is true or false