Author Question: According to the monetarists and new classical economists, a. only anticipated monetary policy ... (Read 72 times)

Starlight · **on:** Jun 30, 2018

According to the monetarists and new classical economists,

a. only anticipated monetary policy actions will affect output and employment in the short run.
b. only unforeseen monetary policy actions will affect output and employment in the short run.
c. both anticipated and unanticipated monetary policy actions will affect output and employment in the short run.
d. both anticipated and unanticipated monetary policy actions will affect output but not employment in the short run.
e. none of the above.

Question 2

Printing money was the main method the Union government used to finance the Civil War (18611865), and as a result the money supply in the North rose by a factor of 4.

Indicate whether the statement is true or false