Author Question: Which of the following factors will not determine output and employment in the classical model? ... (Read 33 times)

asan beg · **on:** Jun 30, 2018

Which of the following factors will not determine output and employment in the classical model?

a. Taxes that affect the incentive to work or hire labor
b. The level of government spending
c. The quantity of capital
d. Preferences for leisure
e. None of the above

Question 2

The FOMC meets approximately eight times per year and at these meetings they

a. set a target federal funds interest rate.
b. set a target money supply.
c. set a target employment target.
d. All of the above
e. None of the above