Author Question: During the period in which the Navigation Acts guided colonial trade, international trade was safe ... (Read 128 times)

Mimi

  • Hero Member
  • *****
  • Posts: 542
During the period in which the Navigation Acts guided colonial trade, international trade was safe and many countries fairly engaged in commercial trade.
 
  Indicate whether the statement is true or false

Question 2

The best argument against monetarists' arguments that steady money growth would prevent fluctuations in inflation and unemployment is that:
 
  a. the government has best control over fiscal policy and should focus on that.
  b. large fluctuations in the money supply cannot occur because the supply of money is limited.
  c. steady money growth does not necessarily mean steady aggregate demand if velocity is not stable.
  d. steady growth in the money supply percents fluctuations in output only if aggregate prices are constant.



dreamfighter72

  • Sr. Member
  • ****
  • Posts: 355
Answer to Question 1

False

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

For a complete list of videos, visit our video library