Multiple Choice
The purpose of Keynesian analysis is to explain what to determines the
A) size of the labor force
B) price level
C) amount of money required in the economy
D) levels of national income, output and employment
Correct Answer:
Verified
Correct Answer:
Verified
Q3: what is the foundation of monetarism?<br>A)quantity theory
Q4: When there are vacancies in the job-market,
Q5: According to monetarists, money supply constitutes<br>A)currency+ demand
Q6: In the Keynesian range of the SRAS,
Q7: Why does a temporary decrease in government
Q8: According to the basic classical model, an
Q10: Which of the following is true with
Q11: Attempts to force inflation below no-accelerating inflation
Q12: Demand-side unemployment is partly caused by:<br>A)imperfections in
Q13: According to monetary approach a revaluation of