Author Question: Monetarists argue that the interest elasticity of the demand for money is a. low, while ... (Read 77 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
Monetarists argue that the interest elasticity of the demand for money is
 
  a. low, while Keynesians say it is high.
  b. important in terms of affecting economic activity.
  c. highly variable.
  d. an important factor in determining if velocity is stable or unstable.

Question 2

Speculation in the sale of public lands
 
  (a) did not occur.
  (b) placed land in the hands of capitalists at a price that was not competitive.
  (c) proved to be a necessary evil in transferring land from public to private ownership.
  (d) was caused by squatters.



vseab

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

C

Answer to Question 2

(c)



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

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?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

For a complete list of videos, visit our video library