This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Monetarists and classical economists: a. assume that stimulative monetary policy will create high ... (Read 86 times)

cool

  • Hero Member
  • *****
  • Posts: 570
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

xoxo123

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

d


cool

  • Member
  • Posts: 570
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Desert shrubs create distinctive thermal microclimates in the desert landscape Desert shrubs create distinctive thermal microclimates in the desert landscape
This modified model of Easton’s systems theory puts government decision makers as the source of pol This modified model of Easton’s systems theory puts government decision makers as the source of pol
Separate the metatarsals. Create space between the metatarsals by holding onto the sides of the foot ... Separate the metatarsals. Create space between the metatarsals by holding onto the sides of the foot ...
Rock the leg to create movement at the hip joint. Apply passive movements to mobilize knee and hip ... Rock the leg to create movement at the hip joint. Apply passive movements to mobilize knee and hip ...
The executive legislative "struggle" over foreign policy The executive legislative "struggle" over foreign policy
Chalk cliffs 90 meters (300 feet) high along the shore in Dover, England, were once seafloor Chalk cliffs 90 meters (300 feet) high along the shore in Dover, England, were once seafloor
Video: Sex-Linked Traits! How are eye colors inherited in fruit flies?

For a complete list of videos, visit our video library