This topic contains a solution. Click here to go to the answer

Author Question: Keynesians believe that the interest elasticity of money demand a. is lower than that believed by ... (Read 92 times)

darbym82

  • Hero Member
  • *****
  • Posts: 570
Keynesians believe that the interest elasticity of money demand
 
  a. is lower than that believed by monetarists.
  b. is higher than suggested by monetarists.
  c. is completely elastic.
  d. is completely inelastic.
  e. none of the above.

Question 2

The pure competitor usually charges higher prices and offers more output than the monopolist or oligopolist.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

B

Answer to Question 2

False





 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

For a complete list of videos, visit our video library