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 102 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?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

For a complete list of videos, visit our video library