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Author Question: Monetarists emphasize a. crowding-out but not the liquidity trap. b. crowding-out and the ... (Read 144 times)

laurencescou

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on: Jun 30, 2018
Monetarists emphasize
 
  a. crowding-out but not the liquidity trap.
  b. crowding-out and the liquidity trap.
  c. the liquidity trap but not crowding-out.
  d. neither crowding-out nor the liquidity trap.

Question 2

One reason the colonials complained about the Navigation Acts was
 
  (a) the shortage of money; they believed the trade deficits of the colonies were bleeding them
  of coins.
  (b) the surplus of money that was causing inflation; they believed the trade deficits were flooding the colonies with coins.
  (c) the Acts' not allowing foreign coins, which created a shortage of foreign coins relative to British coins.
  (d) the Acts' requirement that only paper money would circulate in the colonies, without the backing of gold.


Sammyo

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

A

Answer to Question 2

(a)


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