Unpredictable changes in the value of money, which brings about gains and losses, are a consequence of unpredictable changes in
A: real GDP.
B: unemployment rate.
C: inflation.
D: productivity.
A: real GDP.
B: unemployment rate.
C: inflation.
D: productivity.
举一反三
- Due to the unpredictable changes
- Which of the following is most commonly used to monitor short-run changes in economic activity? A: the inflation rate B: real GDP C: aggregate demand D: aggregate supply
- The output gap is the A: percentage deviation of real GDP from potential GDP. B: difference between actual inflation and core inflation. C: difference in graduation levels between high school and college. D: percentage increase in the economic growth rate of real GDP.
- The quantity of real money balances demanded depends on the ____ A: nominal interest rate. B: rate of inflation. C: nominal money supply. D: price level.
- Real and nominal variables are highly intertwined, and changes in the money supply change real GDP in the short run.