Populists proved themselves to be strong "quantity theory" activists by
(a) pushing the government to provide a general level of money demand that could be kept abreast
of farm output.
(b) advancing public education and woman suffrage efforts.
(c) trying to prohibit corporate subsidies.
(d) seeking to reserve land and other natural resources for farm and conservation use.
(a)
You might also like to view...
If government spending decreases, which of the following would occur?
a. An increase in GDP, an increase in the price level, an increase in money demand, and an increase in the interest rate b. An increase in GDP, a decrease in the price level, an increase in money demand, and a decrease in the interest rate c. A decrease in GDP, a decrease in the price level, a decrease in money demand, and a decrease in the interest rate d. A decrease in GDP, a decrease in the price level, an increase in money demand, and an increase in the interest rate e. An increase in GDP, an increase in the price level, a decrease in money demand, and a decrease in the interest rate.
In the monetary small open-economy model, a fixed exchange rate insulates the domestic price level from
A) both real and nominal shocks from abroad. B) real shocks from abroad, but not nominal shocks from abroad. C) nominal shocks from abroad, but not from real shocks from abroad. D) neither real nor nominal shocks from abroad.
Economists try to address their subject with a scientist's objectivity
a. True b. False Indicate whether the statement is true or false
In order to raise the rate of economic growth the United States needs to
A. Spend more on consumer goods. B. Use older, tried and true technology. C. Have its consumers save less. D. Have its business firms invest more.