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Umesh Rathod
on Nov 17, 2024

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In the long run the primary effect of increasing the quantity of money is higher prices.

Quantity of Money

The sum of cash and bank deposits circulating in an economy at a particular moment.

Prices

Prices are the amounts of money required to purchase goods or services, serving as a reflection of supply and demand dynamics in a market.

  • Analyze the relationship between monetary policy and its effects on inflation and unemployment.
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Cyrus MaramNov 18, 2024
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