Most Policy Makers Agree That in the Long Run,changes in the Money

question 16

Multiple Choice

Most policy makers agree that in the long run,changes in the money supply influence:

• A)the price level and inflation.
• B)the real interest rate and aggregate demand.
• C)the planned investment expenditure.
• D)the exchange rate.
• E)the potential GDP and unemployment.

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Definitions:

Containers On Flatcars (COFC)

A type of intermodal freight transport where shipping containers are carried on railroad flatcars for part of their journey.

Trailers On Flatcars (TOFC)

A freight system where trailers are transported on railway flatcars, combining road and rail transportation.

Containers On Marine Vessel (COMV)

Refers to the standard large containers used for shipping goods internationally by sea, placed and transported on a marine vessel.

Just-In-Time System

A supply chain management system designed to decrease waste and increase efficiency by receiving goods only as they are needed in the production process.