Multiple Choice
According to the basic classical model, an increase in the money supply will cause
A) employment to increase.
B) the price level to increase.
C) output to increase.
D) investment to increase.
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
Q9: The purpose of Keynesian analysis is to
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