An expansionary monetary policy is always capable of boosting aggregate investment
a. True
b. False
Indicate whether the statement is true or false
False
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The real wage rate equals
A) (money wage rate)/(price level). B) (price level)/(money wage rate). C) (money wage rate) × (price level). D) (money wage) + (number of hours worked)/(price level).
A requirement for acquiring a related firm to generate value is
a. it be profitable b. you be profitable c. y ou will alter operations because of the acquisition d. all synergies between the firms were exploited before the acquisition
The principal difference between conventional accounting and economic analysis of inflation is that
a. accountants adjust nominal values for inflation. b. accountants adjust real values for inflation. c. economists adjust nominal values for inflation. d. economists adjust real values for inflation.
The price level rises in the short run if
A. aggregate demand or aggregate supply shifts right. B. aggregate demand shifts right or aggregate supply shifts left. C. aggregate demand shifts left or aggregate supply shifts right. D. aggregate demand or aggregate supply shifts right.