The fact that total wealth is fixed at any point in time is referred to as the

The table above shows data on two variables. If these data were graphed, the slope of the line would be

A) 1/2. B) 4/3. C) 2/3. D) 3/4. E) 2.

A monetarist economist believes that

A) if the economy was left alone, it would rarely operate at full employment. B) the economy is self-regulating and always at full employment. C) the economy is self-regulating and will normally, though not always, operate at full employment if monetary policy is not erratic. D) the economy is self-regulating and will normally, though not always, operate at full employment if fiscal policy is not erratic.