Tackle the Test: Multiple-Choice Questions

  1. Question

    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
    In the long run, changes in the quantity of money affect which of the following?
  2. Question

    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
    An increase in the money supply will lead to which of the following in the short run?
  3. Question

    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
    A 10% decrease in the money supply will change the aggregate price level in the long run by
  4. Question

    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
    Monetary neutrality means that, in the long run, changes in the money supply
  5. Question

    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
    A graph of percentage increases in the money supply and average annual increases in the price level for various countries provides evidence that