According to Keynesian economists, monetary policy is __________ effective at changing the price level and Real GDP
A) always
B) sometimes
C) never
D) There is no Keynesian position with respect to monetary policy.
B
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What additional sources of risk come from international investments?
What will be an ideal response?
If there is an excess supply of Tunisian dinars at a given exchange rate, what will lead the market into an equilibrium?
a. Finding themselves unable to buy all the dinars they want to buy, buyers will accept a lower price. b. Finding themselves unable to buy all the dinars they want to buy, sellers will offer a lower price. c. Finding themselves unable to sell all the dinars they want to sell, sellers accept a higher price. d. Finding themselves unable to buy all the dinars they want to buy, buyers offer a higher price. e. Finding themselves unable to sell all the dinars they want to sell, sellers accept a lower price.
Tangible items consumed for a short-period of time are called ______.
a. nondurable services b. durable services c. nondurable goods d. durable goods
What happens to marginal productivity as workers who are equally good at their job are added to a firm?
a. The increase in workers will eventually cause marginal product to fall. b. Marginal product will rise at a steady rate. c. Marginal product will neither rise nor fall. d. Product quality will improve as the new workers gain experience.