Author Question: According to the new classical view, if the money supply and prices fall but output remains the same ... (Read 61 times)

penza

  • Hero Member
  • *****
  • Posts: 1,022
According to the new classical view, if the money supply and prices fall but output remains the same indicates that
 
  a. expectations must be adaptive.
  b. this change in the money supply was anticipated.
  c. aggregate supply must have shifted upward.
  d. none of the above can explain this.

Question 2

The negative impact of government debt on the economy is mitigated by ________.
 
  A) the impact of the debt on national saving
  B) government spending on schools and highways
  C) the interest rate effects of government budget deficits
  D) the phenomenon of crowding-out



rachel

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

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

For a complete list of videos, visit our video library