The purpose of Keynesian analysis is to explain what to determines the
A) size of the labor force
B) price level
C) amount of money required in the economy
D) levels of national income, output and employment
Correct Answer:
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Q2: In the Keynesian range of the SRAS,
Q3: If the aggregate supply curve is perfectly
Q4: Attempts to force inflation below no-accelerating inflation
Q5: Which of the following is true with
Q6: According to monetarists, money supply constitutes
A)currency+ demand
Q7: According to monetary approach a revaluation of
Q8: what is the foundation of monetarism?
A)quantity theory
Q9: Suppose that the money stock is $10
Q10: When there are vacancies in the job-market,
Q11: Demand-side unemployment is partly caused by:
A)imperfections in
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