Suppose the Fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth will change which of the following? Check all that apply.
1). The level of technological knowledge
2). The price level
3). The size of the labor force
4). The quantity of physical capital
Answer 2

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24-11-2022
Business

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Suppose the Fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth will change which of the following? Check all that apply.
1). The level of technological knowledge
2). The price level
3). The size of the labor force
4). The quantity of physical capital
Answer 2

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baliyansmiriti baliyansmiriti · Answer 1 · 2022-12-01T06:13:35+01:00

In the long run, the increase in money growth will change which of the following is the price level.

The longer term is the duration throughout which all inputs are variable. For example, believe a company, Best Bats, that makes timber baseball bats. In the quick run, Best Bats has constant in addition to variable inputs.

One constant enter is the dimensions of its manufacturing unit and machines. “In the longer term” is correct. If a person is “at the run” - now no longer the longer term, simply the run - they may be actively looking to preserve from being stuck with the aid of using a pursuer. They can be looking to prevent the police; they'll be looking to prevent a crook or institution of criminals who need to damage them.

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