Author Question: Classical economists traditionally believed that: a. there are three motives for demanding money. ... (Read 64 times)

jlmhmf

  • Hero Member
  • *****
  • Posts: 552
Classical economists traditionally believed that:
 a. there are three motives for demanding money.
  b. a change in the money supply can affect real GDP.
  c. the transactions demand for money influences the velocity of money.
  d. the velocity of money is constant.
  e. the economy does not always operate at full employment.

Question 2

It is difficult for cyclically unemployed individuals to find jobs because:
 a. they do not meet the qualifications required for the available jobs.
  b. the economy is in a recession.
  c. they quit their last job and employers view them with suspicion.
  d. they have not looked long enough to find a job.



peilian

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

d

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

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.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

For a complete list of videos, visit our video library