According to the new classical view, if the money supply and prices fall but output remains the same indicates that
a. expectations must be adaptive.
b. this change in the money supply was anticipated.
c. aggregate supply must have shifted upward.
d. none of the above can explain this.
Question 2
The negative impact of government debt on the economy is mitigated by ________.
A) the impact of the debt on national saving
B) government spending on schools and highways
C) the interest rate effects of government budget deficits
D) the phenomenon of crowding-out
Anatomy of the Elbow Joint (Posterior View, Right Elbow)
Skull Inferior View Labeled
A Simple Neural Model of Classical Conditioning
A simplified view of ligand binding and conformation energies in hemoglobin
Anterior view of muscles of the human body
Magnified view of the retina as seen through the pupil