This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Discretionary monetary policy was more frequently employed than discretionary fiscal policy in the ... (Read 188 times)

geoffrey

  • Hero Member
  • *****
  • Posts: 880
on: Jun 29, 2018
Discretionary monetary policy was more frequently employed than discretionary fiscal policy in the two decades following World War II because
 
  A) economic conditions did not seem to require any use of fiscal policy tools during this period.
  B) economists did not yet believe in the effectiveness of fiscal policy.
  C) inflation was not yet seen as a problem.
  D) monetary policy could be altered without Congressional action.
  E) monetary policy was thought to be capable of raising output while holding down prices.

Question 2

Refer to the scenario above. If Joseph prefers fairness to money, ________.
 
  A) he will not accept any offer made by Phillip
  B) he will always accept any offer made to him
  C) he will accept the offer if offered an equal share of the money
  D) Phillip will offer the minimum amount of money to Joseph


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

debra928

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


geoffrey

  • Member
  • Posts: 880
Reply 2 on: Jun 29, 2018
Wow, this really help

epscape

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Humpbacks frequently breach, throwing two thirds or more of their bodies out of the water and splash Humpbacks frequently breach, throwing two thirds or more of their bodies out of the water and splash
In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con
Frequently Used Computer Terms Frequently Used Computer Terms
The paired-image subtraction technique, which is commonly employed in cognitive neuroscience. Here ... The paired-image subtraction technique, which is commonly employed in cognitive neuroscience. Here ...
Food policy can drive the food industry Food policy can drive the food industry
Blunt Cardiac Injury Most Frequently Affects the Right Atrium and Ventricle as They Collide with the Blunt Cardiac Injury Most Frequently Affects the Right Atrium and Ventricle as They Collide with the
Video: Transcription - Introns and exons

For a complete list of videos, visit our video library