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Author Question: According to Keynes, the money demand function a. did not change as the return on other assets ... (Read 85 times)

rachel9

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on: Jun 30, 2018
According to Keynes, the money demand function
 
  a. did not change as the return on other assets changed.
  b. changes with output.
  c. shifts with changes in the public confidence in the economy.
  d. both b and c.
  e. all of the above.

Question 2

According to supply-siders
 
  a. there exists a temporary tradeoff between higher inflation and higher output growth.
  b. there exists a permanent tradeoff between higher inflation and higher output growth.
  c. there exists no tradeoff between higher inflation and higher output growth.
  d. there exists a temporary tradeoff between higher inflation and higher output growth during periods of low inflation only.


vish98

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

C

Answer to Question 2

C


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rachel9

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Reply #2 on: Jun 30, 2018
Thank you


vish98

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Reply #3 on: Jun 30, 2018
No problemo


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