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

Author Question: Which of the following combinations would have an indeterminate effect on the size of the money ... (Read 56 times)

Metfan725

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
Which of the following combinations would have an indeterminate effect on the size of the money supply?
 a. an increase in the percentage of money people want to hold as currency and a decrease in the fraction of deposits banks want to hold as excess reserves
  b. an increase in the percentage of money people want to hold as currency and an increase in the fraction of deposits banks want to hold as excess reserves
  c. a decrease in the percentage of money people want to hold as currency and a decrease in the fraction of deposits banks want to hold as excess reserves
  d. none of the above

Question 2

The flat region of the aggregate supply curve reflects the Keynesian belief that:
 a. both inflation and unemployment does not exist.
  b. high growth rate of money supply poses problems in the economy.
  c. unemployment is usually experienced amidst high real GDP.
  d. government intervention in the economy aggravates the problems of inflation and unemployment.
  e. inflation is not a problem when unemployment is high.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

batool

  • Sr. Member
  • ****
  • Posts: 320
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

e


Metfan725

  • Hero Member
  • *****
  • Posts: 552
Reply #2 on: Jun 30, 2018
Thank you :)


batool

  • Sr. Member
  • ****
  • Posts: 320
Reply #3 on: Jun 30, 2018
Happy to help you


« previous next »
 

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

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?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Large size can provide a refuge from predators. While young African elephants may be vulnerable to p Large size can provide a refuge from predators. While young African elephants may be vulnerable to p
Although average brain size increases gradually though time in H. erectus, individuals with small br Although average brain size increases gradually though time in H. erectus, individuals with small br
Effect of extreme homoallostery Effect of extreme homoallostery
The enhanced greenhouse effect The enhanced greenhouse effect
Leadership is not about size, it's about knowledge and wisdom Leadership is not about size, it's about knowledge and wisdom
How much atmospheric pressure drop would starting to effect us? How much atmospheric pressure drop would starting to effect us?
Video: Gas exchange - partial pressure, locations, external and internal respiration

For a complete list of videos, visit our video library