Multiple Choice
In the long run,according to Monetarists
A) the natural rates of output and employment depend on factor supplies.
B) the natural rates of output and employment depend on technology.
C) the influence of the money stock is mainly on the price level and other nominal variables.
D) All of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q10: What is meant by the natural rate
Q11: The short-run Phillips curve shifts upward whenever:<br>A)inflation
Q12: Assume that the Phillips curve in
Q13: The most significant cost to a central
Q14: Labor market regulations in European Union countries<br>A)do
Q16: In the Keynesian view,<br>A)the short-run Phillips curve
Q17: In the short run,an increase in the
Q18: Which of the following statements is (are)correct?<br>A)Both
Q19: Keynesian and classical theories agree that:<br>A)AS is
Q20: Milton Friedman often referred to money as