Which of the following is correct?
a. Keynesians believe there is a direct link between changes in a nation's money supply and changes in expenditures.
b. Monetarists believe there is no short-term link between changes in a nation's money supply and changes in expenditures.
c. Keynesians believe there is no short-term link between changes in a nation's money supply and changes in expenditures.
d. Keynesians believe there is an indirect link between changes in a nation's money supply and changes in expenditures.
e. None of the above.
.D
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The above table describes the accounts for the country of Pacifica. Using this information, net exports for Pacifica equals
A) $100. B) $900. C) -$100. D) $650.
Describe the two basic strategies of unions in increasing wage rates for their members
If the Federal Reserve raises its target inflation rate, the monetary policy reaction function ________ and the aggregate demand curve ________.
A. shifts upward to the left; shifts to the right B. shifts downward to the right; shifts to the left C. shifts upward to the left; shifts to the left D. shifts downward to the right; shifts to the right
When the price level is low and the demand for domestic goods increases, how does it affect international trade?
A. Net exports will decrease. B. Net exports will increase. C. Prices of all international goods will decrease. D. Prices of all international goods will increase.