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Author Question: The endogenous variable in the liquidity preference function is ________. A) demand for real ... (Read 14 times)

cool

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on: Jun 30, 2018
The endogenous variable in the liquidity preference function is ________.
 
  A) demand for real money balances
  B) the nominal interest rate
  C) real income
  D) the price level
  E) none of the above

Question 2

The observation that the money supply is procyclical and leading the level of aggregate economic theory is most closely associated with
 
  A) Lucas and Friedman.
  B) Friedman and Schwartz.
  C) Kydland and Prescott.
  D) David Runkle.


coreycathey

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


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