Author Question: Monetarists emphasize a. crowding-out but not the liquidity trap. b. crowding-out and the ... (Read 134 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
Monetarists emphasize
 
  a. crowding-out but not the liquidity trap.
  b. crowding-out and the liquidity trap.
  c. the liquidity trap but not crowding-out.
  d. neither crowding-out nor the liquidity trap.

Question 2

One reason the colonials complained about the Navigation Acts was
 
  (a) the shortage of money; they believed the trade deficits of the colonies were bleeding them
  of coins.
  (b) the surplus of money that was causing inflation; they believed the trade deficits were flooding the colonies with coins.
  (c) the Acts' not allowing foreign coins, which created a shortage of foreign coins relative to British coins.
  (d) the Acts' requirement that only paper money would circulate in the colonies, without the backing of gold.



Sammyo

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

A

Answer to Question 2

(a)



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

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?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

For a complete list of videos, visit our video library