A) the level of output but not its composition
B) both the level and composition of output
C) the nominal interest rate
D) the real interest rate
E) none of the above
ANSWER:
C) the nominal interest rate
A) the level of output but not its composition
B) both the level and composition of output
C) the nominal interest rate
D) the real interest rate
E) none of the above
ANSWER:
C) the nominal interest rate