The assumption that people may choose to hold excess money balances when there is an increase in the money supply is emphasized by
A) supply-side economists.
B) Monetarists.
C) Keynesians.
D) rational expectations theorists.
C
Economics
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When the value of the dollar changes from £0.75 to £0.5, then the British pound has ________ and the U.S. dollar has ________
A) appreciated; appreciated B) depreciated; appreciated C) appreciated; depreciated D) depreciated; depreciated
Economics
What causes a production possibilities frontier to shift outward?
What will be an ideal response?
Economics