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Author Question: The economy's ability to coordinate economic activity is hindered by A) auction prices. B) ... (Read 116 times)

luvbio

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on: Jun 30, 2018
The economy's ability to coordinate economic activity is hindered by
 
  A) auction prices. B) workers whose wages change quickly.
  C) sticky wages causing sticky prices. D) all of the above.

Question 2

Suppose that the economy is in long-run equilibrium and the government decided to engage in expected expansionary policy by increasing the money supply.
 
  If we assume rational expectations, which of the following statements is correct about the effect of expansionary policy in the long run?
  A) The unemployment rate will remain unchanged, real GDP will remain unchanged and the price level will decrease.
  B) The unemployment rate will increase, real GDP will increase and the price level will increase.
  C) The unemployment rate will remain unchanged, real GDP will remain unchanged and the price level will increase.
  D) The unemployment rate will decrease, real GDP will decrease and the price level will decrease.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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jaymee143

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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luvbio

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Reply 2 on: Jun 30, 2018
Wow, this really help

xiaomengxian

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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