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Author Question: The proposition that changes in the money supply have no long-run effect on real variables is known ... (Read 24 times)

TFauchery

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on: Jun 30, 2018
The proposition that changes in the money supply have no long-run effect on real variables is known as the ________.
 
  A) classical dichotomy
  B) quantity theory of money
  C) neutrality of money
  D) Fisher effect
  E) none of the above

Question 2

In calculating the IS curve, _______ is taken as exogenous
 
  a. the interest rate.
  b. aggregate income.
  c. the price level.
  d. planned investment.
  e. a and d.


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peter

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

C

Answer to Question 2

C


TFauchery

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Reply 2 on: Jun 30, 2018
Excellent

okolip

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

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