Macro Eco

posted by jaime

The belief that monetary policy can be effective in changing aggregate demand and that the money supply is the critical monetary variable is associated with:
Answer

a Modern Keynesians.

b Monetarists.

c Supply-side economists.

d New classical economists.

Respond to this Question

First Name

Your Answer

Similar Questions

  1. Economics

    In the Monetary policy transmission mechanism, explain what could go wrong between the following points 1. Change in the monetary policy and Change in the money supply 2. Change in the money supply and Change in the aggregate demand …
  2. ManEcon

    The belief that monetary policy can be effective in changing aggregate demand and that interest rates are the critical monetary variable is associated with (A)Modern Keynesians (B)New classical economists (C)Monetarists (D) All of …
  3. Managerial Economics

    The belief that monetary policy can be effective in changing aggregate demand and that interest rates are the critical monetary variable is associated with (A)Modern Keynesians (B)New classical economists (C)Monetarists (D) All of …
  4. macroeconomics

    1) Suppoer the economy is operating at full employment and foreign countries raise the world price of oil. Assuming policy-makers do not take any actions,describe what will happen to price and output in the short run and long run. …
  5. Economics

    Hopefully you can help me and I need this ASAP. I need this by tomorrow in the morning. You answer the questions if it decreases increases, expands or not. Also, can you explain it too?
  6. Macroeconomics

    The effectiveness of monetary policy depends on how easy it is for changes in the money supply to change interest rates. By changing interest rates, monetary policy affects investment spending and the aggregate demand curve. The economies …
  7. economics

    Help me reword this?? The Fed is organized as a corporation, owned by its member banks, and directed by a government-appointed board. Monetary policy affects the size of the money supply and the level of interest rates. The first "tool"
  8. Macroeconomics

    (Monetary Policy and Aggregate Supply) Assume that the economy is initially in long-run equilibrium. Using an AD–AS diagram, illustrate and explain the short-run and long-run impacts of an increase in the money supply.
  9. Economics

    Match the following statements to the proper terms. 1. fiscal policies that favor increasing government spending rather than adjusting taxes 2. fiscal policies that favor cutting taxes rather than increasing government spending 3.A …
  10. Economics

    Which one of the following statements is correct under the theory of supply-side economics?

More Similar Questions