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MMLU-Pro / 7328 / What are the effects an increase in the money supply on output on prices in the…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

What are the effects an increase in the money supply on output on prices in the short run and in the long run?

category

economics

options

  1. Short run: increase in output, Long run: increase in general price level
  2. Short run: decrease in output, Long run: no change in general price level
  3. Short run: decrease in output, Long run: increase in general price level
  4. Short run: increase in general price level, Long run: decrease in output
  5. Short run: no change in output, Long run: increase in general price level
  6. Short run: increase in output, Long run: no change in general price level
  7. Short run: increase in output, Long run: decrease in general price level
  8. Short run: no change in general price level, Long run: no change in output
  9. Short run: no change in output, Long run: decrease in general price level
  10. Short run: decrease in output, Long run: decrease in general price level

src

stemez-Economics

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Source and history

Official source

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