Policy ineffectiveness refers to the hypothesis that monetary and fiscal policy actions that change aggregate demand will
a. neither affect output nor employment even in the short run.
b. affect output and employment in both the short run and long run.
c. affect output but not employment in the short run.
d. not affect output but will affect employment in the long run.
Question 2
An increase in credit market frictions
A) decreases labor supply.
B) decreases labor demand.
C) decreases consumption demand.
D) decreases investment demand.
Step 2 of gene cloning: The actions of a restriction enzyme and DNA ligase to produce a recombinant
An example of sodium balance achieved by the coordinated actions of three hormones.
How to solve any percent change problem
Recent Climate Change
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The fiscal policy to counter an inflationary gap is a(n)