Author Question: Some researchers argue that the overall standard of living increased during the 1920s. In general, ... (Read 100 times)

sam.t96

  • Hero Member
  • *****
  • Posts: 570
Some researchers argue that the overall standard of living increased during the 1920s. In general, holding constant all other factors that might impact it, economists are careful about connecting an increase in the standard of living to
 
  (a) increases in the amount of labor used in production processes.
  (b) new inventions being made in research laboratories.
  (c) increases in the output of goods and services per worker.
  (d) the discovery of new sources of gold and silver.

Question 2

Monetarists believe in all of the following except
 
  a. steady growth in inflation will yield stable output.
  b. steady growth in the money supply will yield stable output.
  c. fluctuations in the money supply are responsible for business cycles.
  d. the Fed should not be involved in trying to stabilize the economy.



Perkypinki

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

(c)

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

For a complete list of videos, visit our video library