Question
A major shortcoming of the quantity theory of money is that it cannot explain __________. 1.long-run fluctuations in the price level 2.short-run fluctuations in the
A major shortcoming of the quantity theory of money is that it cannot explain __________.
1.long-run fluctuations in the price level
2.short-run fluctuations in the money supply on real output and employment
3.long-run fluctuations in the money supply on real output and employment
4.a constant price level in the economy
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Land Economics Research
Authors: Joseph Ackerman, Marion Clawson, Marshall Harris
1st Edition
1317340426, 9781317340423
