Author Question: Monetarists maintain that the increase in the money supply can explain the inflation of the 1970s ... (Read 69 times)

swpotter12

  • Hero Member
  • *****
  • Posts: 527
Monetarists maintain that the increase in the money supply can explain the inflation of the 1970s and 1980s when one considers the bonds purchased by the Fed to finance the federal deficits of the period.
 
  Indicate whether the statement is true or false

Question 2

Economies of scale refer to
 
  a. costs rising as the scale of production increases.
  b. costs falling as the scale of production increases.
  c. output rising as the level of inputs rises.
  d. the marginal product of labor diminishes as the quantity of labor increases.



mcinincha279

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

True

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

For a complete list of videos, visit our video library