Please justify your answers.

D Question 1 2 pts Question 6 Question 7 Question 8 The Fisher equation can be approximated by provided that _ Time Elapsed: Hide Attempt due: Jul 19 at 8pm O i R+TT; R and IT are small 50 Minutes, 44 Seconds O i R+TT; R and IT are large X O i-R-TT; R and IT are small O i=R-TI; R and IT are large D Question 4 2 pts D Question 2 2 pts Under the classical dichotomy, which of the following does not determine real GDP in the long run? A government that relies on printing money to finance excess government expenditures is the foundation for the following quote: O The savings rate O "Inflation is always and everywhere a fiscal phenomenon." O The aggregate price level O "Inflation is always zero in the long run." O TFP "Velocity is always constant." O New ideas O "Velocity growth should be equal to 2 percent in the long run." O "Inflation is always and everywhere a monetary phenomenon." D Question 3 52 2 pts Q Q M c / L If the inflation rate is larger than the nominal interest rate: O Not enough information is given. O the real interest rate is negative O the real interest rate is larger than the nominal interest rate. O the real interest rate is zero. O unemployment rises