Question
Monetary neutrality implies that in the long run: a. monetary policy does not affect the level of economic activity b. aggregate supply is independent
Monetary neutrality implies that in the long run:
a. monetary policy does not affect the level of economic activity
b. aggregate supply is independent of monetary policy
c. changing the money supply does not have any effect on the aggregate price level
d. aggregate demand is independent from monetary policy
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
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