Which of the following can a country increase in the long run by increasing its money growth rate?   a. the nominal wage divided by the price level   b. real output   c. real interest rates   d. None of the above is correct.

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter14: Money And The Economy
Section: Chapter Questions
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Which of the following can a country increase in the long run by increasing its money growth rate?

 

a.

the nominal wage divided by the price level

 

b.

real output

 

c.

real interest rates

 

d.

None of the above is correct.

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