Author Question: According to Thomas Sargent and other new classical economists, a. a credible policy to provide ... (Read 22 times)

daltonest1984

  • Hero Member
  • *****
  • Posts: 536
According to Thomas Sargent and other new classical economists,
 
  a. a credible policy to provide low stable money growth can exist with a fiscal policy that generates large deficits.
  b. a credible policy to provide low stable money growth cannot coexist with a fiscal policy that generates large deficits.
  c. there is no need for a credible, noninflationary monetary policy to control the government budgetary deficit.
  d. None of the above

Question 2

Policymakers utilize gross domestic product figures
 
  a. to monitor recessions and expansions.
  b. as a means to measure welfare.
  c. to observe long-run growth trends.
  d. Both a and c
  e. All of the above



briseldagonzales

  • Sr. Member
  • ****
  • Posts: 303
Answer to Question 1

B

Answer to Question 2

E



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

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.

For a complete list of videos, visit our video library