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Author Question: With respect to Friedman's natural rate theory, expansionary monetary policies can a. move output ... (Read 97 times)

ishan

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on: Jun 30, 2018
With respect to Friedman's natural rate theory, expansionary monetary policies can
 
  a. move output above the natural rate but leave unemployment at the natural rate in the short-run.
  b. only affect inflation and not unemployment in the long-run.
  c. leave output at its natural rate with a simultaneous decrease in the natural rate of employment.
  d. move output and employment below the natural rate.

Question 2

To restrict a wilderness area in the public domain to a particular group in the general public, say the motorists or snowmobilers of today, is
 
  (a) democratic.
  (b) consistent with Thomas Jefferson's view on federal ownership of land.
  (c) undemocratic.
  (d) non-discriminatory.


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verrinzo

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

(c)


ishan

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Reply #2 on: Jun 30, 2018
Thank you


verrinzo

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Reply #3 on: Jun 30, 2018
No problemo


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