Monetarists have argued that since velocity __________, this shows that shifts to the investment demand function must __________
A) is rather stable; cause the private economy to be unstable
B) is rather stable; be offset by interest rate changes
C) moves counter-cyclically; cause the private economy to be unstable
D) moves counter-cyclically; be offset by interest rate changes
A
Economics
You might also like to view...
Which interest rate is typically the lowest?
A) 3-month Treasury bills B) 2-year Treasury notes C) 10-year Treasury bonds D) 30-year Treasury bonds
Economics
A car dealership union negotiates a contract that dramatically increases all salesmen's salaries. If one of the salesman is thinking of changing careers to be a hardware salesman, his opportunity cost
a. would not be affected b. of becoming a hardware salesman would decrease c. of becoming a hardware salesman would increase d. none of the above
Economics