I'm studying for my macroeconomics final, and I'm a little confused...
Can someone explain how the money supply effects the price in the long-run? I think it's referring to monetary policy.
Also, I can't figure out what expansionary and contractionary policies do for unemployment rates.
Please try to keep it somewhat simple - I get really confused with this subject.
Can someone explain how the money supply effects the price in the long-run? I think it's referring to monetary policy.
Also, I can't figure out what expansionary and contractionary policies do for unemployment rates.
Please try to keep it somewhat simple - I get really confused with this subject.