Author Question: Classical economists traditionally believed that: a. there are three motives for demanding money. ... (Read 59 times)

jlmhmf

  • Hero Member
  • *****
  • Posts: 552
Classical economists traditionally believed that:
 a. there are three motives for demanding money.
  b. a change in the money supply can affect real GDP.
  c. the transactions demand for money influences the velocity of money.
  d. the velocity of money is constant.
  e. the economy does not always operate at full employment.

Question 2

It is difficult for cyclically unemployed individuals to find jobs because:
 a. they do not meet the qualifications required for the available jobs.
  b. the economy is in a recession.
  c. they quit their last job and employers view them with suspicion.
  d. they have not looked long enough to find a job.



peilian

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

d

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

For a complete list of videos, visit our video library