If, in the coordination failure model, the nominal money supply ...

[jon_i]

If, in the coordination failure model, the nominal money supply acts as a sunspot variable, then it is likely that the nominal money supply would
 
  A) be procyclical.
  B) be acyclical.
  C) be countercyclical.
  D) alternatively appear to be procyclical and countercyclical.

Question 2

The country with the highest degree of central bank independence in the period 1973-88 was ________.
 
  A) the United States
  B) New Zealand
  C) Spain
  D) Germany

[Zack0mack0101@yahoo.com]

Answer to Question 1

A

Answer to Question 2

D

[jon_i]

Thank you

[Zack0mack0101@yahoo.com]

Happy to help you