Refer to the table. The level of productivity in the economy is:
Answer the question on the basis of the following information about the relationship between input quantities and real domestic output in a hypothetical economy:
A. 2.
B. .5.
C. 4.
D. 200.
A. 2.
Economics
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In the long run, monetary growth
A. can change the unemployment rate while holding the inflation rate constant. B. can promote economic growth. C. cannot affect the factors that determine the economy's unemployment rate. D. can change the unemployment rate only at the cost of increased inflation.
Economics
In the Keynesian theory, an exogenous decrease in the demand for money shifts
a. the LM curve to the right. b. the LM curve to the left. c. the IS curve to the right. d. the IS curve to the left. e. neither the IS or LM curves.
Economics