The ___________ school holds that all inflations are caused by excessive growth in the money supply and that monetary policy affects GDP directly.
Fill in the blank(s) with the appropriate word(s).
monetarist
You might also like to view...
What are Pigouvian taxes and subsidies? How do governments decide when to levy a tax or provide a subsidy?
What will be an ideal response?
In the income-expenditure model, inventories are:
A. constantly changing and provide insight into the future of the economy. B. a long-run event that aids forecasters in understanding where long-run real GDP is. C. fixed and therefore provide little insight into the direction of the economy. D. often positive, suggesting that additions to inventory stocks are a long-run goal.
Refer to the table shown. The average fixed cost of producing 5 units of output is:Units of outputTotal cost05111216320423525626
A. $0. B. $1. C. $2. D. $3.
For decades, the NCAA restricted the number of college football and basketball games that could be televised, and in 1982 the University of Georgia and the University of Oklahoma sued the NCAA under the federal antitrust laws. In 1984, the Supreme Court
decided the case A) for the NCAA, citing the fact that belonging to the NCAA was voluntary. B) against the NCAA, citing that the NCAA did not control what television networks put on the air. C) against the NCAA, citing anticompetitive practice. D) against the NCAA, citing explicit collusion among the larger colleges.