Why do monetarists view them as irrelevant

Assignment Help Microeconomics

Reference no: EM131482609

Question: 1. The equation of exchange can be used in many ways. Suppose that new oil deposits are discovered and there is no change in the money supply. How will this increase in RGNP affect the economy? Explain your reasoning. (Hint: what assumptions have you made about M, V, and P?)

2. Monetarists and Keynesians differ concerning the importance of interest rates to monetary policy. Why do Keynesians think they are important? Why do monetarists view them as irrelevant? What do you think?

Reference no: EM131482609

Questions Cloud

Discuss the transporters role and the port''s role : Discuss the transporters role, the port's role and the government's role in controlling invasive species and other hazards inherent in the movement of goods.

Evaluate the reliability and validity of your job analysis : Evaluate the reliability and validity of your job analysis.Evaluate different performance appraisal methods that might be applied to your chosen job.

Completing a quantitative analysis : In this assignment, you will be completing a quantitative analysis. It should be 2 to 3 pages in length (not including title page and reference page).

Do you happen to be part of this retailers target market : What level of competition for the choose market segment? Do you happen to be part of this retailer’s target market?

Why do monetarists view them as irrelevant : The equation of exchange can be used in many ways. Suppose that new oil deposits are discovered and there is no change in the money supply.

Differences between intelligence and academic achievement : For this Discussion, you will explore the differences between intelligence and academic achievement (as opposed to other types of achievement).

Government spending on bond prices in the short run : What is the effect of an increase in Government Spending on Bond Prices in the Short Run?

What is optimal order quantity : Skinner’s Fish Market buys fresh Boston bluefish daily for $4.40 per pound and sells it for $5.50 per pound. What is the optimal order quantity?

How will the subsystem change affect the two other subsystem : What one major organizational subsystem needs to be changed in the organization? Justify your choice. How does it compare to a similar successful organization?

User Account

All Pages