An Economist Who Is Studying the Relationship Between the Money

question 31

Multiple Choice

An economist who is studying the relationship between the money supply, interest rates, and the rate of inflation is engaged in:

• A) microeconomic research.
• B) macroeconomic research.
• C) theoretical research because there is no data on these variables.
• D) empirical research because there is no economic theory related to these variables.

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