Classical economists believe that the demand for money

Assignment Help Business Economics
Reference no: EM13996852

Classical economists believe that the demand for money will decline if the _________ decreases, while Keynesian economists believe that the demand for money will decline if the _________ increases.

A) unemployment rate; interest rate

B) interest rate ; price level

C) price level ; unemployment rate

D) price level ; interest rate

Reference no: EM13996852

Questions Cloud

Demand for good is measure of the relationship between : Demand for a good is a measure of the relationship between
Co-payments-deductibles and services covered : Which type of health insurance plan would you choose the PPO plan or the HMO plan? Why would you make this choice? What things are important to you when selecting a health insurance plan (i.e. monthly payroll deduction, co-payments, deductibles, serv..
Curve shifted-demand curve and supply curve : Indicate which curve shifted (demand curve, supply curve or both) and in which direction – for each of the following situations: *The price of furniture rises as the quantity bought and sold falls. *Apartment vacancy rates increase while average mont..
Suppose the economy is in long-run equilibrium : Suppose the economy is in long-run equilibrium when GDP declines by $50 billion. The government wants to increase its spending in order to stimulate the economy and avoid a recession. According to Keynesian theory, how much additional government spen..
Classical economists believe that the demand for money : Classical economists believe that the demand for money will decline if the _________ decreases, while Keynesian economists believe that the demand for money will decline if the _________ increases.
What will happen to domestic investment : If national savings remain unchanged and net capital outflow falls, what will happen to domestic investment (I)?
Based on the current state of the economy : Based on the current state of the economy, recommend whether the Federal Open Market Committee (FOMC) should rise, lower, or keep short-term interest rates (the federal funds rate) the same. Support your recommendations with your research findings.
Perfectly competitive firm : Pete’s Pie Shop is a perfectly competitive firm. If the total output of pies in Pete’s Pie Shop increases from 20 per hour to 30 per hour as he hires the second worker, then. Every time Pete makes another pie in his shop, he uses $1.20 worth of pastr..
What price did the student sell the gatorade for : A faculty member sells Gatorade at UNC Charlotte football games. He finds that if he raises his selling price by $1, he sells 5 less bottles each week. He turns over the operation to a Managerial Economics student for a week. What price did the stude..

Reviews

Write a Review

 

Business Economics Questions & Answers

  Average and marginal cost of production at output level

The fixed cost of running a private practice is $36,000 per year. The variable cost of providing consultation services from this private practice increase by $30 per consultation for any level of production up to 3000 units. The average and marginal ..

  The market where business sell goods and services to house

The market where business sell goods and services to households and the government is called the

  Draw graph depicting the budget set-label the axes

A student has a budget of $200 for their meals outside of the home per week. One possibility is purchasing a meal at a restaurant, which we will call x1, and which costs $20, and a second possibility is purchasing a meal at the school cafeteria, x2, ..

  Level of vaccination services and cover organ transplants

Arizona approved 98 patients for organ transplants, but those patients have been told they can no longer receive the transplants because of budget cuts. The state is facing a $1.5 billion budget deficit and has cut all of their state-funded lung tran..

  The equilibrium price of replacement tips at the equilibrium

Suppose that the inverse market demand for silicone replacement tips for Sony EX71 earbud headphones is p = Pn - 0.1Q, where p is the price per pair of replacement tips, Pn is the price of a new pair of headphones, and Q is the number of tips per wee..

  Four elements of the marketing mix to influence

Explain how did the marketer of which product you purchased direct each of those four elements of the marketing mix to influence your purchase?

  The main job of the bureaucracy

The main job of the bureaucracy is to _____, which is seen as an extension of how the president executes laws

  Recognize from the graph the period

Can you recognize from the graph the period for which Canada was on affixed x-rate regime with the US dollar and the UK pound? What was this period.

  How much profit will the firm make if it maximizes profit

The production function is f(x)=4x1/2 if the price of the commodity produced is $60 per unit and the cost of the input is $20 per unit, how much profit will the firm make if it maximizes profit?

  Q1 a what output will maximize profit what is this profitb

q1. a what output will maximize profit? what is this profit?b will output increase if the price rises to 4.50 to 5.25?

  An economy is initially at the natural level of output

An economy is initially at the natural level of output. There is an increase in government spending. Use the ISLM model to illustrate both the short-run and long-run impact of this policy change. Be sure to label: i. the axes; ii. the curves; iii. th..

  Marginal damage and the marginal abatement cost

Suppose a chemical factory discharges waste products into a river resulting in significant damages to a local fishery. The marginal damage and the marginal abatement cost (MAC) are given by: What level of emissions will occur if the chemical factory ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd