« previous next »

Author Question: Liquidity preference refers to A) Keynes' name for the demand for money. B) the random walk ... (Read 54 times)

Themember4

  • Hero Member
  • *****
  • Posts: 538
on: Jun 30, 2018
Liquidity preference refers to
 
  A) Keynes' name for the demand for money.
  B) the random walk behavior of consumption spending.
  C) monetarists explanations for stagflation.
  D) real business cycle theorists' explanations for stagflation.
  E) the controversy sparked by the Lucas critique.

Question 2

According to Keynes,
 
  A) the Great Depression was caused by ill-considered expansionary fiscal policy.
  B) balancing the budget in the midst of a depression would be a serious mistake.
  C) inflation is always and everywhere a monetary phenomenon.
  D) the Phillips curve is stable.
  E) none of the above


stallen

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Random, regular, and clumped distributions. Random, regular, and clumped distributions.
Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo Booker T. Washington in his office at Tuskegee Institute, 1900. Washington chose a policy of accommo
Assume z is a standard normal random variable. What is the value of z if the area to the right ... Assume z is a standard normal random variable. What is the value of z if the area to the right ...
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
A random sample of 87 airline pilots recruited by an airline service had an average yearly ... A random sample of 87 airline pilots recruited by an airline service had an average yearly ...
Grade 1 learn Canadian money Grade 1 learn Canadian money
Video: Olfaction. or the sense of smell

For a complete list of videos, visit our video library