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31 January, 12:36

Most economists believe that money neutrality

a. does not hold in the short run.

b. does not hold in the long run.

c. does not hold in either the short run or long run.

d. holds in the short run and the long run

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Answers (1)
  1. 31 January, 12:54
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    Most economists believe that money neutrality holds in the short run and the long run. Money neutrality is defined as the idea that with a change in the stock of money different variables in the economy relating to prices, wage and exchange rates are affected.
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