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Author Question: If, in the coordination failure model, the nominal money supply acts as a sunspot variable, then it ... (Read 79 times)

jon_i

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If, in the coordination failure model, the nominal money supply acts as a sunspot variable, then it is likely that the nominal money supply would
 
  A) be procyclical.
  B) be acyclical.
  C) be countercyclical.
  D) alternatively appear to be procyclical and countercyclical.

Question 2

The country with the highest degree of central bank independence in the period 1973-88 was ________.
 
  A) the United States
  B) New Zealand
  C) Spain
  D) Germany



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Zack0mack0101@yahoo.com

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Answer to Question 1

A

Answer to Question 2

D





 

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