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A Change in the Money Supply Changes Only Nominal Variables

question 68

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A change in the money supply changes only nominal variables in the long run.


Definitions:

Charles Darwin

A 19th-century naturalist and geologist, best known for his contributions to the science of evolution by proposing the theory of natural selection.

Adaptive Behavior

The collection of conceptual, social, and practical skills that individuals have developed to function in their everyday lives.

Biologically Determined

Traits, characteristics, or behaviors that are shaped by genetic makeup rather than environmental factors.

Conditioned

Having developed a particular response to a stimulus in the environment through conditioning, a form of learning.

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