Consequently , they will not adjust production and the neutrality of money occurs even in the short - run .
If changes in monetary policy and the resulting changes in inflation are anticipated , then the islanders are not misled by any price changes that they observe .
They will not adjust production and the neutrality of money occurs even in the short - run .
If changes in monetary policy and the resulting changes in inflation are anticipated , then the islanders are not misled by any price changes that they observe .