An implication of the long-run aggregate supply curve is that continuous increases in the money supply will result in continuous

A) increases in price level. B) increases in output and price level.
C) decreases in output and price level. D) decreases in output.


A

Economics

You might also like to view...

The receiver of a message is the __________ or audience

a. Communicator b. Sender c. Destination d. Channel

Economics

A market in which final goods and services are exchanged is a

A. Factor market. B. Public goods market. C. Product market. D. Labor market.

Economics

How much would the real rate of interest be if the nominal interest rate were 15 percent and the expected rate of inflation were 8 percent?

What will be an ideal response?

Economics

What are some of the issues associated with the consumer price index?

What will be an ideal response?

Economics