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

Author Question: The Monetarist model differs from the classical model in that a. changes in aggregate demand, not ... (Read 90 times)

waynest

  • Hero Member
  • *****
  • Posts: 553
on: Jun 30, 2018
The Monetarist model differs from the classical model in that
 
  a. changes in aggregate demand, not aggregate supply, drive changes in output.
  b. changes in the money supply drive changes in inflation inflation.
  c. changes in aggregate supply, not aggregate demand, drive changes in ouput.
  d. money demand is not always stable.
  e. none of the above.

Question 2

According to Edward Denison's estimates, the largest proportion of economic growth during the 1929-82 period was
 
  a. growth in the labor input.
  b. growth in output per unit of input.
  c. growth in the capital input.
  d. economies of scale.
  e. education.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Andromeda18

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


waynest

  • Member
  • Posts: 553
Reply 2 on: Jun 30, 2018
Wow, this really help

miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Critical Thinking Model Critical Thinking Model
Bronfenbrenner’s model of the ecological-systems approach to studying development. He suggested that Bronfenbrenner’s model of the ecological-systems approach to studying development. He suggested that
Charles and Ray Eames, Side Chair, Model DCM. Charles and Ray Eames, Side Chair, Model DCM.
A model for mixed inhibition: equation A model for mixed inhibition: equation
The growth in demand for energy use is met by burning fossil fuels The growth in demand for energy use is met by burning fossil fuels
Conceptual model of sleep health Conceptual model of sleep health
Video: Glycolysis - Introduction to ATP and the burning of sugar

For a complete list of videos, visit our video library