Which of the following statements is true? ?

A. ?In a static model, an economy is assumed to start at a point where all variables are constant.
B. ?In the dynamic model of money, the longer prices take to adjust to shocks, the more long-lived is the liquidity effect.
C. ?In the dynamic model of money, all variables are initially growing at an increasing rate but they eventually reach a steady state.
D. ?Money supply is the only endogenous variable in the dynamic model of money.


Answer: B

Business

You might also like to view...

What administrative agency regulates pesticides, insecticides, fungicides and rodenticides?

a. The Food and Drug Administration b. The Occupational Safety and Health Administration c. The Environmental Protection Agency d. The Nuclear Regulatory Commission

Business

Which of the following is true about the required notice for shareholders' meetings?

A) The notice must be written and is required for both regular and special meetings. B) The notice must be written, but is required only for special meetings. C) The notice can be oral or written, but is required only for special meetings. D) The notice can be oral or written and is required for both regular and special meetings. E) The notice must be written, but is required only when unusual items will be on the agenda of the meeting.

Business

The FTC Act prohibits unfair and deceptive practices

Indicate whether the statement is true or false

Business

The strategy transnational firms employ that standardizes marketing activities when there are cultural similarities and adapts them when cultures differ is referred to as a(n)

A. integrated marketing strategy. B. global marketing strategy. C. meganational marketing strategy. D. transnational marketing strategy. E. international marketing strategy.

Business