Author Question: Which of the following models depicts the role of money as affecting only the price level in the ... (Read 43 times)

savannahhooper · **on:** Jun 30, 2018

Which of the following models depicts the role of money as affecting only the price level in the short run?

a. The new classical model
b. The Keynesian model
c. The real business cycle model
d. The monetarist model

Question 2

The federal government budget deficits of the late 2000s were driven by:

a. foreign trade deficits.
b. increases in government spending.
c. declines in tax rates and tax revenue.
d. excessive money growth.
e. both b and c.