This topic contains a solution. Click here to go to the answer

Author Question: The difference between the monetarist and Keynesian views on discretionary monetary policy is that ... (Read 82 times)

gbarreiro

  • Hero Member
  • *****
  • Posts: 566
The difference between the monetarist and Keynesian views on discretionary monetary policy is that the monetarists
 
  a. believe monetary policy is a stabilizing force and Keynesians believe it is primarily destabilizing.
  b. Keynesians think that monetary policy is always used effectively.
  c. believe monetary policy is a destabilizing force and Keynesians believe it is potentially stabilizing.
  d. favor fine tuning the economy by use of monetary policy while the Keynesians do not.

Question 2

Under a fixed exchange rate system, the exchange rate
 
  a. is equal to one.
  b. fluctuates as the price of gold fluctuates.
  c. is fixed and interest rates must vary in response to balance of payment movements.
  d. can periodically change as economic conditions change.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

onowka

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

C

Answer to Question 2

C





 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

For a complete list of videos, visit our video library