economist Please 50 questions assighnment

Question 1
2 pts
The best explanation of why the aggregate demand curve has a negative slope is that

The best explanation of why the aggregate demand curve has a negative slope is that

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Question 2
2 pts
Transactions velocity

Transactions velocity

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Question 3
2 pts
In the new classical view, if the Chairman of the Fed announces a 10% increase in the money supply and then takes actions that cause the money supply to grow by more than 10%, the result will be

In the new classical view, if the Chairman of the Fed announces a 10% increase in the money supply and then takes actions that cause the money supply to grow by more than 10%, the result will be

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Question 4
2 pts
According to the new classical view, when the actual price level is greater than the expected price level

According to the new classical view, when the actual price level is greater than the expected price level

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Question 5
2 pts
Business cycles

Business cycles

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Question 6
2 pts
In the new Keynesian view, the larger the proportion of firms in the economy with sticky prices,

In the new Keynesian view, the larger the proportion of firms in the economy with sticky prices,

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Question 7
2 pts
In the new Keynesian expression for the price level, c represents

In the new Keynesian expression for the price level,
c represents

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Question 8
2 pts
The book in which Milton Friedman and Anna Schwartz reported on their study of the relation between money and the business cycle is

The book in which Milton Friedman and Anna Schwartz reported on their study of the relation between money and the business cycle is

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Question 9
2 pts
In the new Keynesian approach, an increase in the nominal money supply

In the new Keynesian approach, an increase in the nominal money supply

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Question 10
2 pts
In the new Keynesian approach, an increase in the nominal money supply affects output by

In the new Keynesian approach, an increase in the nominal money supply affects output by

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Question 11
2 pts
During the years from 1964 to 1969, inflation increased in the United States

During the years from 1964 to 1969, inflation increased in the United States

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Question 12
2 pts
The expression for velocity derived from Keynes’s liquidity preference theory is

The expression for velocity derived from Keynes’s liquidity preference theory is

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Question 13
2 pts
Which of the following expressions is correct?

Which of the following expressions is correct?

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Question 14
2 pts
Holding everything else constant, the increased use of credit cards in recent years probably

Holding everything else constant, the increased use of credit cards in recent years probably

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Question 15
2 pts
The simultaneous equilibrium of the money, nonmoney asset, and goods markets is known as

The simultaneous equilibrium of the money, nonmoney asset, and goods markets is known as

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Question 16
2 pts
Historical evidence suggests that the predictions of the real business cycle view are

Historical evidence suggests that the predictions of the real business cycle view are

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Question 17
2 pts
Milton Friedman and Anna Schwartz believe that their evidence indicates that money growth causes output fluctuations because they discovered that

Milton Friedman and Anna Schwartz believe that their evidence indicates that money growth causes output fluctuations because they discovered that

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Question 18
2 pts
According to New Keynesians, why does an expected change in the money supply affect output in the short run?

According to New Keynesians, why does an expected change in the money supply affect output in the short run?

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Question 19
2 pts
Ben Bernanke and Alan Blinder found evidence that money is

Ben Bernanke and Alan Blinder found evidence that money is

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Question 20
2 pts
According to Friedman, the opportunity cost of holding money is determined by all of the following EXCEPT

According to Friedman, the opportunity cost of holding money is determined by all of the following EXCEPT

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Question 21
2 pts
In the new classical view, whether changes in the nominal money supply affect output in the short run depends on whether

In the new classical view, whether changes in the nominal money supply affect output in the short run depends on whether

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Question 22
2 pts
The long-run Phillips curve illustrates

The long-run Phillips curve illustrates

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Question 23
2 pts
Whom did President Jimmy Carter appoint chair of the Board of Governors of the Fed in order to convince the public about his anti-inflation resolve?

Whom did President Jimmy Carter appoint chair of the Board of Governors of the Fed in order to convince the public about his anti-inflation resolve?

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Question 24
2 pts
When output exceeds its full-employment level,

When output exceeds its full-employment level,

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Question 25
2 pts
Economists believe that the most serious costs of inflation arise from

Economists believe that the most serious costs of inflation arise from

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Question 26
2 pts
What does the coefficient a in the new classical expression for short-run aggregate supply represent?

What does the coefficient
a in the new classical expression for short-run aggregate supply represent?

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Question 27
2 pts
Which of the following statements is correct?

Which of the following statements is correct?

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Question 28
2 pts
A decrease in the price level will lead to

A decrease in the price level will lead to

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