The long run effects of money supply change
A) ambiguous effect on the long-run values of the interest rate or real output, a proportional change in the price level's long-run value in the opposite direction.
B) proportional effect on the long-run values of the interest rate or real output, a proportional change in the price level's long-run value in the same direction.
C) no effect on the long-run values of the interest rate or real output, a proportional change in the price level's long-run value in the same direction.
D) no effect on the long-run values of the interest rate or real output, no change in the price level's long-run value.
E) ambiguous effect on the long-run values of the interest rate or real output, A disproportional change in the price level's long-run value in the same direction.
Question 2
How would you define convergence?
A) tendency for gaps between industrial countries' per-capital incomes to narrow
B) tendency for gaps between all countries' per-capital incomes to narrow
C) the theory that a crisis in a low-income country will spread to all countries, regardless of debt structure
D) the theory that a crisis in a low-income country will spread to only those countries which had lent money to the original country
E) tendency for the world distribution of income to be persistently unequal
A 19-foot-long blue whale skull in the collections of the Smithsonian Museum of Natural History
Effect of changing a set point for hypothalamic values
Antidepressant Effects at the Synapse
As some groups do ethnic work, they produce a mythical long-lost heritage, as in this photo of ...
Recent Climate Change
The Composition Effect