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Author Question: Monetarists and classical economists: a. assume that stimulative monetary policy will create high ... (Read 82 times)

cool

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on: Jun 30, 2018
Monetarists and classical economists:
 a. assume that stimulative monetary policy will create high levels of GDP without inflation.
  b. assume that stimulative monetary policy will create high levels of GDP and slightly high prices.
  c. assume the economy operates at full employment and stimulative monetary policy will only cause the price level to rise.
  d. assume that the economy operates at full employment and stimulative monetary policy will increase both aggregate supply and aggregate demand.
  e. assume that the Keynesian description of monetary policy underestimates the true stimulative effect of an increase in the money supply.

Question 2

The combination of frictional and structural unemployment is the:
 a. cyclical rate of unemployment.
  b. transitional rate of unemployment.
  c. civilian rate of unemployment.
  d. natural rate of unemployment.


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xoxo123

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

c

Answer to Question 2

d


cool

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Reply 2 on: Jun 30, 2018
Wow, this really help

matt95

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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