Author Question: One of the most important areas of disagreement among macroeconomists today is over A) the slope ... (Read 32 times)

abern · **on:** Jun 30, 2018

One of the most important areas of disagreement among macroeconomists today is over

A) the slope of the IS curve.
B) the slope of the LM curve.
C) the definition of consumption spending.
D) the definition of government spending.
E) none of the above

Question 2

A core belief of modern macroeconomics is that in the long run,

A) a change in money growth will affect the level of output, but not its composition.
B) a change in money growth will affect the composition of output, but not its level.
C) output can deviate permanently from its natural level.
D) a change in fiscal policy will not affect the composition of output.
E) greater saving will result in greater output.