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d=1106572437& CENGAGE | MINDTAP Q Search this course mework (Ch 17) Attempts Average / 5 3. The classical dichotomy and the neutrality of money The classical dichotomy is the separation of real and nominal variables. The following questions test your understanding of this distinction. Neha spends all of her money on comic books and donuts. In 2014, she earned $27.00 per hour, the price of a comic book was $9.00, and the price of a donut was $3.00. Which of the following give the nominal value of a variable? Check all that apply. The price of a donut is 0.33 comic books in 2014. O Neha's wage is 3 comic books per hour in 2014. O Neha's wage is $27.00 per hour in 2014. Which of the following give the real value of a variable? Check all that apply. The price of a comic book is $9.00 in 2014. Neha's wage is $27.00 per hour in 2014. O Neha's wage is 9 donuts per hour in 2014. Suppose that the Fed sharply increases the money supply between 2014 and 2019. In 2019, Neha's wage has risen to $54.00 per hour. The price of a comic book is $18.00 and the price of a donut is $6.00. In 2019, the relative price of a comic book is , and the real value of her wage Between 2014 and 2019, the nominal value of Neha's wage nominal variables and real Monetary neutrality is the proposition that a change in the money supply