In 2008, Japan's economy suffered as world economies slowed. If authorities in Japan followed the monetarist viewpoint, ________ to bring the economy back to full employment
A) taxes would be decreased and the money supply should be increased
B) nothing should be done
C) aggregate supply would shift leftward
D) the money supply would be kept growing at a steady pace
D
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What is the paradox of value and how is the paradox resolved?
What will be an ideal response?
The amount of assets that a bank must hold at all times is determined by the:
a. banks' actual reserves. b. required reserve ratio. c. actual reserve requirement. d. fractional reserve requirement. e. excess reserve requirement.
An increase in expected inflation shifts the
a. short-run Phillips curve right. b. short-run Phillips curve left. c. long-run Phillips curve right. d. long-run Phillips curve left.
Suppose a monopolist faces the following demand curve. 
The marginal revenue of the 35th unit of output is:
A. $10. B. $?5. C. $0. D. $20.