Author Question: The less staggered are labor contracts, A) the more rapidly the economy will adjust to changes in ... (Read 35 times)

hubes95

  • Hero Member
  • *****
  • Posts: 561
The less staggered are labor contracts,
 
  A) the more rapidly the economy will adjust to changes in aggregate demand.
  B) the less rapidly the economy will adjust to changes in aggregate demand.
  C) the greater the inflationary effects of a given change in money growth in the medium run.
  D) the less inflationary effects of a given change in money growth in the medium run.

Question 2

As the IS curve becomes steeper, we know that
 
  A) a given change in the money supply will cause a larger change in output.
  B) a given change in the money supply will cause a smaller change in output.
  C) a given change in the money supply will cause the same change in output.
  D) monetary policy becomes more effective.



jomama

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

For a complete list of videos, visit our video library