Author Question: In the classical model, a 20 percent increase in the money growth rate leads to: a. a 20 percent ... (Read 70 times)

Coya19@aol.com · **on:** Jun 30, 2018

In the classical model, a 20 percent increase in the money growth rate leads to:

a. a 20 percent inflation rate.
b. a 23 percent increase in the inflation rate.
c. no change in the inflation rate.
d. a 20 percent increase in the inflation rate.

Question 2

After the depression of the 1930s and the interruption of World War II, in the post-war period (194550) private investment

(a) fell back to the 1920s level.
(b) rose to unprecedented levels.
(c) collapsed in the 1948 downturn and then returned to the stagnation levels of the 1930s.
(d) did none of the above.