According to Keynesians, for monetary policy to have a stimulative effect on GDP, a(n):
a. increase in the money supply lowers the interest rate in order to stimulate higher levels of investment.
b. increase in the money supply lowers the interest rate in order to lower levels of investment.
c. decrease in the money supply lowers interest rate in order to stimulate higher levels of investment
d. decrease in the money supply causes the interest rate to rise in order to stimulate higher levels of investment.
e. increase in the money supply causes the interest rate to rise in order to stimulate higher levels of investment.
Question 2
The primary cause of frictional unemployment is:
a. discouraged workers who give up looking for work.
b. fluctuations in aggregate demand.
c. the lack of training and marketable qualifications in job seekers.
d. inaccurate information about job opportunities.
Doppler effect
Pasteur effect
The First-Pass Effect
Effect of dietary fats on high- and low-density cholesterol levels
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