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Ao9 Ao9
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8 years ago
If an increase in the level of the money supply results in a proportionate increase in prices with no effect on any real variables, we say that
A) money is neutral.
B) money is the most preferred store of value.
C) the Fisher relationship holds.
D) money is superneutral.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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#1
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8 years ago
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Ao9 Author
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#2
8 years ago
You're sharp, thanks!
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#3
8 years ago
Glad to help...
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