This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The traditional Keynesian approach to fiscal policy assumes A) exchange rates are fixed. B) the ... (Read 148 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
on: Jun 30, 2018
The traditional Keynesian approach to fiscal policy assumes
 
  A) exchange rates are fixed.
  B) the focus of attention should be the long run.
  C) prices are flexible while interest rates are not.
  D) current taxes are the only taxes taken into account by firms and consumers.

Question 2

In defining money according to the transactions approach, you would want to include
 
  A) those assets that are used as a unit of account.
  B) those assets that are used as a store of value.
  C) those assets that are used as a medium of exchange.
  D) those assets that are used as a standard of deferred payment.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

duke02

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


nautica902

  • Member
  • Posts: 591
Reply 2 on: Jun 30, 2018
Wow, this really help

kusterl

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Fungal nail infections account for up to 30% of all skin infections. They affect 5% of the general population—mostly people over the age of 70.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Countercurrent heat exchange in the lateral muscles of bluefin tuna. Countercurrent heat exchange in the lateral muscles of bluefin tuna.
Bacteria exchange DNA by several processes Bacteria exchange DNA by several processes
Twelve primary energy channels and the Conception and Governing Vessels of Traditional Chinese ... Twelve primary energy channels and the Conception and Governing Vessels of Traditional Chinese ...
Government in America: People, Politics, and Policy, AP Government in America: People, Politics, and Policy, AP
Countercurrent Exchange Countercurrent Exchange
Math for Business and Finance: an Algebraic Approach, 3rd Edition Jeffrey Slater Math for Business and Finance: an Algebraic Approach, 3rd Edition Jeffrey Slater
Video: Types of energy transfer reactions: oxidation-reduction reactions and ATP generation reactions

For a complete list of videos, visit our video library