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Author Question: The inflation that occurred during the Civil War (18611865) can be described as all of the following ... (Read 35 times)

DyllonKazuo

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The inflation that occurred during the Civil War (18611865) can be described as all of the following except
 
  (a) A means of expropriating resources to fight the war
  (b) A form of taxation to provide resources to fight the war
  (c) A representation of a decrease in the purchasing power of money
  (d) A less expensive way of paying for the war than taxation

Question 2

Which of the following could be described as an aggregate demand-driven model of business cycles?
 
  a. Keynesian model.
  b. monetarist model.
  c. New Keynesian model.
  d. classical model.
  e. a, b, and c.



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mcarey591

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Answer to Question 1

(d)

Answer to Question 2

E




DyllonKazuo

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


Sarahjh

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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