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assume the federal reserve triples the growth rate of the quantity of money in circulation. in the long run, this increase in money growth will affect which of the following? check all that apply. the price level the quantity of physical capital the inflation rate the level of technological knowledge
assume the federal reserve triples the growth rate of the quantity of money in circulation. in the long run, this increase in money growth will affect which of the following? check all that apply. the price level the quantity of physical capital the inflation rate the level of technological knowledge
If theFederal Reserve triplesthe growth rate of thequantity of moneyin circulation, the long run would see the following affected:the quantity of physical capitalthe level of technological knowledgeHow is the long run affected by increase in money supply?If theFederal Reservedecided that it wanted to triple themoney supplyin the economy, there would be more money to invest in technological knowledge such that in the long run, the level of technological knowledgewould grow.There would also be increased quantity ofphysical capitalbecause there would be more money in the short - run to invest in physical capital such that it grows in the long run.Find out more onquantity of moneyatbrainly.com/question/27428356#SPJ1...