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Author Question: In periods of high inflation, a. people want to hold on to as much money as possible. b. the ... (Read 138 times)

tingc95

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  • Posts: 556
on: Jun 30, 2018
In periods of high inflation,
 a. people want to hold on to as much money as possible.
  b. the purchasing power of money is decreasing.
  c. nobody wants to work and earn income.
  d. low nominal interest rates are likely to result.
  e. nobody wants to buy goods and services.

Question 2

Which of the following favors government policies to stimulate the economy by creating incentives for individuals and businesses to increase their productive efforts?
 a. supply-side economics.
  b. Keynesian economics.
  c. monetarist economics.
  d. Marxian economics.


xiaomengxian

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  • Posts: 311
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

a


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