Can macroeconomic policy be used systematically to create unanticipated inflation?
A) No, according to Keynesian economists.
B) Yes, according to classical economists.
C) No, according to classical economists.
D) Yes, according to Keynesian economists, if Ricardian equivalence holds.
C
Economics
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Which of the following factors makes the success of economic integration more likely?
(a) Nationalism. (b) Desire for prestige projects. (c) Diverse economic systems. (d) All of the above. (e) None of the above.
Economics
The "quantity equation" states that nominal GDP is equal by the definition of velocity to the money supply ________ velocity
A) plus B) minus C) multiplied by D) divided by
Economics