Assume that the economy is always at full employment with a constant velocity of money. If the money supply increases by 5 percent and potential real GDP grows by 2 percent, which of the following is true? (1 point) The price level should increase by 5 percent. Nominal GDP will increase by 7 percent. The increase in the price level should be 3 percent. Nominal GDP will increase by 3 percent. Real GDP must increase by more than 2 percent. 39. (02.03 MC) Which of the following contributes to the unemployment rate understating the impact of labor market deficiency in the society? (1 point) Part-time workers who desperately need full-time employment are not signaled as a problem Unemployed people seeking work are counted as fully unemployed Those without previous employment experience but without work are not counted as unemployed The unemployment rate counts the very hard to employ, often called structurally unemployed Those who retired with pensions are not counted as unemployed