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

Author Question: According to the monetarists, deliberate government intervention: a. will stabilize the economy if ... (Read 108 times)

gonzo233

  • Hero Member
  • *****
  • Posts: 557
on: Jun 30, 2018
According to the monetarists, deliberate government intervention:
 a. will stabilize the economy if the money supply is increased during recessions and decreased during expansions.
  b. will effectively reduce the unemployment rate below its natural rate.
  c. will stabilize the economy if the money supply is reduced during recessions and increased during expansions.
  d. will destabilize the economy only if the government uses fiscal policy to change equilibrium income.
  e. will destabilize the economy and cause a business cycle of its own, regardless of whether fiscal or monetary policy is used.

Question 2

If an increase in price causes total expenditure on a product to decrease, then the price elasticity of demand is:
 a. inelastic.
 b. elastic.
 c. unit elastic.
  d. zero.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kdiggy

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

b


gonzo233

  • Member
  • Posts: 557
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Some ion pairs that stabilize the T state of deoxyhemoglobin Some ion pairs that stabilize the T state of deoxyhemoglobin
In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th
Radiation Side Effects, Healing Time, and Intervention Radiation Side Effects, Healing Time, and Intervention
Many diesel fuel additives increase the cetane rating which results in improved fuel economy. Many diesel fuel additives increase the cetane rating which results in improved fuel economy.
Creating a Continental Economy Creating a Continental Economy
American Government: Roots and Reform, AP* Edition, 12th Edition American Government: Roots and Reform, AP* Edition, 12th Edition
Video: Facilitated Diffusion - Glucose transport

For a complete list of videos, visit our video library