Author Question: In 194552, the records show that falling price levels stimulated increases in real Gross National ... (Read 45 times)

jilianpiloj

  • Hero Member
  • *****
  • Posts: 521
In 194552, the records show that falling price levels stimulated increases in real Gross National Product (GNP).
 
  Indicate whether the statement is true or false

Question 2

New Keynesian theory says that
 
  a. changes in the money supply can have long run and short run effects on real variables.
  b. changes in the money supply can have short run effects on real variables, but not long run effects.
  c. changes in the money supply can have long run effects on real variables, but not short run effects.
  d. changes in the money supply have no effect on real variables in the short run or the long run.



dpost18

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

False

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

For a complete list of videos, visit our video library