Which of the following is true?
a. Keynesians advocate increasing the money supply during economic recessions but decreasing the money supply during economic expansions.
b. Monetarists advocate increasing the money supply by a constant rate year after year.
c. Keynesians argue that the crowding-out effect is rather insignificant.
d. Monetarists argue that the crowding-out effect is rather large.
e. All of these.
e
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When the exchange rate for the Mexican peso changes from 10 pesos to the U.S dollar to 9 pesos to the U.S. dollar, then the Mexican peso has ________ and the U.S. dollar has ________
A) appreciated; appreciated B) depreciated; appreciated C) appreciated; depreciated D) depreciated; depreciated
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 authorized investors to bring lawsuits against credit-rating agencies for a reckless failure to get the facts when providing a credit rating
This is an example of which remedy of conflicts of interest? A) regulate for transparency B) supervisory oversight C) leave it to the market D) socialization of information production
When a product is defined as homogeneous,
A. buyers prefer one seller's product to another's. B. buyers are indifferent as to which seller's product they buy. C. sellers are indifferent as to the quantity of the product they sell. D. sellers have an incentive to charge a price higher than the market price.
A tax that takes a larger proportion of income from low-income groups than from high-income groups is a:
A. stabilizing tax. B. regressive tax. C. proportional tax. D. progressive tax.