Monetarists believe that in the short run:
a. the natural rate of unemployment cannot be changed.
b. expansionary monetary policy is ineffective in raising real GDP.
c. a change in the money supply is fully reflected in a change in the interest level.
d. contractionary monetary policy will decrease unemployment.
e. there is a tradeoff between unemployment and inflation.
e
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Although Jack and Vanessa were equally qualified, Jack was promoted to manager instead of Vanessa because the president of the company thought that the other employees would not respect a female manager
The resource, the management position, was allocated in what manner? A) sharing equally B) contest C) personal characteristics D) command E) lottery
Which of the following is not a factor which would be relevant to country risk analysis?
A) political uncertainty B) external debt C) economic growth D) none of the above.
The exchange-rate arrangement that emerged from the Bretton Woods conference is often called a managed float standard
a. True b. False Indicate whether the statement is true or false
Game theory is the study of decision making in situations where strategic interaction occurs between rivals.
Answer the following statement true (T) or false (F)