This topic contains a solution. Click here to go to the answer

Author Question: In the medium run, an increase in the rate of growth of nominal money will cause A) lower nominal ... (Read 94 times)

penguins

  • Hero Member
  • *****
  • Posts: 903
In the medium run, an increase in the rate of growth of nominal money will cause
 
  A) lower nominal and lower real interest rates.
  B) lower nominal interest rates and no change in the real interest rate.
  C) an increase in inflation and an increase in output growth.
  D) a proportionate increase in inflation.

Question 2

Monetary policy has medium-run effects on which of the following?
 
  A) the level of output but not its composition
  B) both the level and composition of output
  C) only the price level
  D) the level of output AND the price level
  E) none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

potomatos

  • Sr. Member
  • ****
  • Posts: 338
Answer to Question 1

D

Answer to Question 2

C





 

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

For a complete list of videos, visit our video library