Author Question: Those economists who believe that monetary policy is more powerful than fiscal policy argue that the ... (Read 80 times)

EY67 · **on:** Jun 30, 2018

Those economists who believe that monetary policy is more powerful than fiscal policy argue that the

a. LM curve is vertical.
b. IS curve is horizontal.
c. interest rate elasticity of investment is large.
d. interest rate elasticity of investment is small.

Question 2

The rules of strict constitutionality apply even during times of war in the U.S.

Indicate whether the statement is true or false

234sdffa · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

C

Answer to Question 2

False

Using the economic way of thinking and holding all else constant, choose the best answer among those provided.