Author Question: Monetarists argue that fiscal policy is ineffective because: a. the velocity of money is ... (Read 60 times)

cartlidgeashley

  • Hero Member
  • *****
  • Posts: 572
Monetarists argue that fiscal policy is ineffective because:
 a. the velocity of money is predictable.
  b. the crowding-out effect reduces investment.
  c. prices and wages are sticky in the short run.
  d. it causes the value of the dollar to depreciate.

Question 2

Which of the following is true?
 a. Frictional unemployment implies a lack of available jobs.
  b. During a recession, cyclical unemployment will be low.
  c. When an economy is at full employment, actual unemployment will be less than the natural rate of unemployment.
  d. When actual GDP equals potential GDP, the actual unemployment rate will equal the economy's natural rate of unemployment.



cupcake16

  • Sr. Member
  • ****
  • Posts: 309
Answer to Question 1

b

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

For a complete list of videos, visit our video library