________ economists believe that the economy is self-regulating and will be at full employment as long as monetary policy is not erratic
A) Keynesian
B) Monetarist
C) Classical
D) All
B
You might also like to view...
According to the interest parity condition, if the domestic interest rate is 12 percent and the foreign interest rate is 10 percent, then the expected ________ of the foreign currency must be ________ percent
A) appreciation; 4 B) appreciation; 2 C) depreciation; 2 D) depreciation; 4
In 2008 ___________ had the highest annual expenditures on public and private schools per student.
A. Spain B. France C. United States D. Japan
How can irresponsible fiscal policy contribute to a speculative attack on a country's currency that is fixed in value to another currency?
What will be an ideal response?
The vertical slope of the long-run aggregate supply curve is based on the assumption that:
A. nominal wages and other resource costs do respond to price level changes. B. nominal wages are greater than real wages. C. nominal wages are less than real wages. D. nominal wages and other resource costs do not respond to price level changes.