Most Economists Believe That in the Long Run,changes in the Money

question 18

Multiple Choice

Most economists believe that in the long run,changes in the money supply

• A)affect nominal but not real variables.This view that money is ultimately neutral is consistent with classical theory.
• B)affect nominal but not real variables.This view that money is ultimately neutral is inconsistent with classical theory.
• C)affect real but not nominal variables.This view that money is ultimately neutral is consistent with classical theory.
• D)affect real but not nominal variables.This view that money is ultimately neutral is inconsistent with classical theory.