According to Monetary Neutrality, what affect will an decrease in the stock of money have on the real GDP in the long-run? It will increase real GDP It will not affect real GDP It will decrease real GDP It will change real GDP, but it is not possible to determine the direction of this change
According to Monetary Neutrality, what affect will an decrease in the stock of money have on the real GDP in the long-run? It will increase real GDP It will not affect real GDP It will decrease real GDP It will change real GDP, but it is not possible to determine the direction of this change
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter14: Money And The Economy
Section: Chapter Questions
Problem 4QP
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According to Monetary Neutrality, what affect will an decrease in the stock of money have on the real GDP in the long-run?
It will increase real GDP
It will not affect real GDP
It will decrease real GDP
It will change real GDP, but it is not possible to determine the direction of this change.
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