Monetarists argue that business fluctuations are caused by
A. excessive government spending.
B. ups and downs in the growth of the money supply.
C. changes in tax rates.
D. changes in transfer payments.
B. ups and downs in the growth of the money supply.
Economics
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In the Solow model, if total saving exceeds depreciation,
A) gross investment is negative. B) real wages decrease. C) capital deepening stops. D) capital stock increases.
Economics
A bubble or panic generally occurs in the stock market because of:
a. upswings in the business cycle. b. expansionary monetary policies undertaken by the government. c. irrational, or abnormal forecasts, or market valuations. d. an increase in the profitability of the firms. e. deliberate government actions to control inflation.
Economics