Question

in the long-run, . group of answer choices all of the following answer choices are correct. inflation depends primarily upon the money supply growth rate there is a tradeoff between the inflation rate and the natural rate of unemployment the natural rate of unemployment depends primarily on the level of aggregate demand

Answer 1

In the long-run, inflation depends primarily upon the money supply growth rate.

Inflation refers to a popular boom inside the costs of products and offerings in an economy. when the overall fee degree rises, every unit of forex buys fewer items and services; consequently, inflation corresponds to a discount inside the purchasing power of cash.

Inflation is the rate of boom in costs over a given period of time. Inflation is generally a extensive measure, including the general increase in fees or the growth inside the cost of residing in a rustic.

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