« previous next »

Author Question: In the new classical model, all wages and prices ________. A) are completely flexible with ... (Read 138 times)

laurencescou

  • Hero Member
  • *****
  • Posts: 593
on: Jun 30, 2018
In the new classical model, all wages and prices ________.
 
  A) are completely flexible with respect to expected changes in the price level
  B) are fixed with respect to expected changes in the price level
  C) are flexible with respect to the value of the dollar
  D) are fixed with respect to the money supply

Question 2

The liquidity preference theory ________.
 
  A) distinguishes between nominal and real quantities
  B) shows that demand for real balances depends on real income
  C) shows that demand for real balances depends on the nominal interest rate
  D) all of the above
  E) none of the above


cswans24

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and This chart illustrates the bottom up assumption about government. In this, attitudes, culture, and
Model of transporter passage through an NPC Model of transporter passage through an NPC
Lock and Key Model Lock and Key Model
The Murphy–Moller wellness model. The Murphy–Moller wellness model.
The operon model, as proposed in 1961 by Jacob and Monod The operon model, as proposed in 1961 by Jacob and Monod
Model of GAL1 and GAL10 transcriptional activation Model of GAL1 and GAL10 transcriptional activation
Video: Embryonic development - Week 4

For a complete list of videos, visit our video library