Monetarists argue that aggregate demand is
A) vertical.
B) horizontal.
C) relatively unaffected by autonomous spending shifts.
D) relatively unaffected by changes in the money supply.
C
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Hedge funds often buy the same stocks and track each other's investment strategies. This is an example of ________
A) herding B) anchoring C) hedging D) sniping
The economy has gone into a recession. You have majored in computer science and, because of the recession, have difficulty in finding a job. Should you go back to school and get a second major?
A) No, the recession will have no impact on my ability to get a job or my future income. B) Yes, the recession will lower income in my field permanently. C) No, the recession will most likely be short-lived and I can get a job after it is over. D) Yes, the recession will ensure that you will never find a job as a programmer.