This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: According to the Keynesian model of the money market, the supply of money a. depends on the ... (Read 70 times)

mikaylakyoung

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
According to the Keynesian model of the money market, the supply of money
 
  a. depends on the interest rate.
  b. is chosen by the central bank.
  c. varies with the price level.
  d. varies with income.

Question 2

If real GDP exceeds potential GDP, this means that
 
  a. output is below the level produced at the benchmark rate for high employment and high rate of resource utilization.
  b. this cannot occur; the economy can never be at a point where real GDP exceeds potential GDP.
  c. cyclical output is above what the economy can sustain in the long-run.
  d. the economy is expanding.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joshbk44

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

C


mikaylakyoung

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

hramirez205

  • Member
  • Posts: 345
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Lynx-hare interactions have served as a model system for the study of the effects o Lynx-hare interactions have served as a model system for the study of the effects o
Female Reproductive Anatomy Model Female Reproductive Anatomy Model
Eye Model Eye Model
Biodiversity Depends on the Size of Habitat Biodiversity Depends on the Size of Habitat
Blood Supply to the Lungs Blood Supply to the Lungs
The orange ball is a model of an HPV16 virus The orange ball is a model of an HPV16 virus
Video: Glycolysis Animation

For a complete list of videos, visit our video library