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

Author Question: The difference between the monetarist and Keynesian views on discretionary monetary policy is that ... (Read 51 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
The difference between the monetarist and Keynesian views on discretionary monetary policy is that the monetarists
 
  a. believe monetary policy is a stabilizing force and Keynesians believe it is primarily destabilizing.
  b. Keynesians think that monetary policy is always used effectively.
  c. believe monetary policy is a destabilizing force and Keynesians believe it is potentially stabilizing.
  d. favor fine tuning the economy by use of monetary policy while the Keynesians do not.

Question 2

Under a fixed exchange rate system, the exchange rate
 
  a. is equal to one.
  b. fluctuates as the price of gold fluctuates.
  c. is fixed and interest rates must vary in response to balance of payment movements.
  d. can periodically change as economic conditions change.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

onowka

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

C

Answer to Question 2

C





 

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

For a complete list of videos, visit our video library