Who among the following list of people is an early 20th century economist from Yale University who wrote the book The Theory of Interest?
A) Gustav Cassel
B) Irving Fisher
C) David Ricardo
D) Paul Krugman
E) Israel Kirzner
B
You might also like to view...
How is the impact of expansionary monetary policy different in an open economy than in a closed economy?
What will be an ideal response?
The ability to make counteroffers transforms bargaining from a game in which ___________ trumps everything to a game in which ____________ is the winning strategy.
A. patience; first-mover advantage B. commitment strategy; self-interested behavior C. first-mover advantage; patience D. first-mover advantage; cooperation
In a Mexican factory, each worker can produce 1/8 of a vase or 1/16 of a statue per hour. If there are 400 workers at the factory, the maximum number of statues that could be produced in one hour is
a. 50 b. 100 c. 80 d. 25 e. 160
In a fixed exchange rate system,
A. A balance-of-payments deficit can be corrected by expansionary fiscal and expansionary monetary policies. B. A country can eliminate a surplus of its currency by eliminating its protectionist barriers to trade. C. The capital account surpluses must offset current account deficits. D. Excess demand for a currency is eliminated by using foreign exchange reserves to increase demand.