Refer to the scenario above. What is the expected value of the game?

At full employment, there is no

A) structural unemployment. B) frictional unemployment. C) unemployment. D) structural and seasonal unemployment. E) cyclical unemployment.

Monetarists advocate that the

A. money supply should be increased during inflation and reduced during recession. B. money supply should be reduced during inflation and increased during recession. C. money supply should be increased by a constant rate year after year. D. counter cyclical approach to fiscal policy be adopted.