Author Question: The assumption that the velocity of money and the quantity being produced is constant is held by ... (Read 82 times)

bobbysung · **on:** Jun 30, 2018

The assumption that the velocity of money and the quantity being produced is constant is held by the:
a. Keynesian school.
b. supply-side school.
c. neo-Keynesian school.
d. rational expectations school.
e. classical school.

Question 2

Cyclical unemployment refers to unemployment resulting from:
a. a mismatch of skills.
b. being in the wrong geographical location.
c. the time and monetary cost of finding the best job.
d. a recession.