According to the new classical view, if the money supply and prices fall but output remains the same indicates that
a. expectations must be adaptive.
b. this change in the money supply was anticipated.
c. aggregate supply must have shifted upward.
d. none of the above can explain this.
Question 2
The negative impact of government debt on the economy is mitigated by ________.
A) the impact of the debt on national saving
B) government spending on schools and highways
C) the interest rate effects of government budget deficits
D) the phenomenon of crowding-out
Position of the lungs within the thoracic cavity; anterior view illustrating regions of the lungs an
Fall
microscope view of an onion root tip
A schematic, and somewhat hypothetical, view of SNARE–pin fusion
Dermatomes of body, posterior view
The Power of Classical Conditioning