Over the long run and across countries, there is evidence of ________ between the growth rate of the money supply and the inflation rate
A) no relationship
B) a weak link
C) a strong link
D) a negative relationship
C
You might also like to view...
Producer surplus is the amount a seller receives for a good or service
Indicate whether the statement is true or false
The circular flow of income shows that
A) households transact only in the goods market. B) governments purchase goods and services. C) firms generally are the demanders in the goods markets and suppliers in the factor markets. D) None of the above answers is correct.
An increase in production in the short run definitely results in an increase in
A. Average total costs. B. Average fixed costs. C. Total costs. D. Marginal costs.
The money supply curve is vertical if
A) banks and the Fed jointly determine the money supply. B) the Fed is able to completely determine the money supply. C) banks and households determine the money supply. D) households and the Fed jointly determine the money supply.