Compare and contrast between the economic effects

Reference no: EM1334620

The quantity of money theory

Dear OTA: Could you please answer these questions? I am struggling with economics and need to know what all of this means. Thank you.

**Define the Quantity of Money theory and identify whether this is a Keynesian or Classical cornerstone. Describe what happens when, according to this theory, the money supply is increased.

**Discuss whether the Federal Reserve can control both the money supply and interest rates in the United States simultaneously.

**Compare and contrast the concepts of active and passive stabilization.

**Define and distinguish debt and deficits.

**Compare and contrast the economic effects of increasing spending versus reducing taxes.

Reference no: EM1334620

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