The Claim That Increases in the Growth Rate of the Money

question 160

Multiple Choice

The claim that increases in the growth rate of the money supply increase nominal interest rates but not real interest rates is known as the

• A)Friedman Effect.
• B)Hume Effect.
• C)Fisher Effect.
• D)the inflation tax.

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Definitions:

Exocrine

Pertains to glands that secrete their products through ducts directly into the external environment or onto body surfaces.

Endocrine Glands

Glands of the endocrine system that release hormones directly into the bloodstream.

Exocrine Glands

Glands that release their secretions through ducts either onto the exterior of the body or into the gastrointestinal tract.

Ductless

Referring to glands that release their secretions directly into the bloodstream rather than through ducts.