According to the classical dichotomy,which of the following is influenced by monetary factors?
A)nominal wages
B)unemployment
C)real GDP
D)All of the above are correct.

Question

Quizplus · Accepted Answer

According to the classical dichotomy, nominal variables such as nominal wages are influenced by monetary factors, while real variables such as real GDP and unemployment are not.

According to the Classical Dichotomy,which of the Following Is Influenced