Q: Economists believe in the Long run neutrality of money; what does that mean? If monetary policies help in the short run, but do not help
Economists believe in the “Long run neutrality of money”; what does that mean? If monetary policies help in the short run, but do not help in the long run, should we not bother with those policies? What does this tell you about the current monetary policies of the Fed?
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Long run neutrality of money refers to the fact that interest rat... View full answer

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