An important argument in the proposition that money is neutral in the long-run is that the nominal interest rate must equal the real interest rate. the federal budget is balanced. prices are flexible. business cycles have become much milder.

An important argument in the proposition that money is neutral in the long-run is that the nominal interest rate must equal the real interest rate. the federal budget is balanced. prices are flexible. business cycles have become much milder.

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter25: Money Creation

Section25.3: How Monetary Policy Creates Money

Problem 1YTE

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An important argument in the proposition that money is neutral in the long-run is
that
the nominal interest rate must equal the real interest rate.
the federal budget is balanced.
prices are flexible.
business cycles have become much milder.

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