1 - Which of the following cannot be the cause of a continuous increase in the price level? A) increase in the nominal money supply B) Increase in aggregate demand C) Increase in the velocity of circulation of money D) increase in aggregate supply E) Supply shock
1 - Which of the following cannot be the cause of a continuous increase in the price level? A) increase in the nominal money supply B) Increase in aggregate demand C) Increase in the velocity of circulation of money D) increase in aggregate supply E) Supply shock
Chapter15: Monetary Theory And Policy
Section: Chapter Questions
Problem 2.4P
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Question
1 - Which of the following cannot be the cause of a continuous increase in the
A) increase in the nominal money supply
B) Increase in aggregate
C) Increase in the velocity of circulation of money
D) increase in
E) Supply shock
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