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what are the consumption theories aside keynes theory
Different consumption theories
competitive labour market
In a competitive labour market, a boom shifts
using money as a medium of exchange enables people to avoid the problem of
a.the double coincidence of wants
which of the following best defines monetary validation
a.the monetary authorities allow the money supply to rise after an increase in short-run aggregate supply
If the monetary authorities decide to not accommodate a isolated supply shock,then
a.they supply money by buying bonds,the interest rate falls,and the AD curve shifts to the right
monetary policy works through
a.adjusting the exchange rate
what are the consumption theories aside keynes theory
Different consumption theories
competitive labour market
In a competitive labour market, a boom shifts
Which of the following is not a cause of osciallations in the economy?
a. tax rate variations
b. a fall in exports
c. changes in the composition of aggregate spending
d. population growth
the long-run aggregate supply (LRAS) curve is drawn vertical to the horizontal axis because
a.There is a permanent inflationary gap in the economy forcing supply into its inelastic range
using money as a medium of exchange enables people to avoid the problem of
a.the double coincidence of wants
which of the following best defines monetary validation
a.the monetary authorities allow the money supply to rise after an increase in short-run aggregate supply
what are the consumption theories aside keynes theory
Different consumption theories
Which of the following is not a cause of osciallations in the economy?
a. tax rate variations
b. a fall in exports
c. changes in the composition of aggregate spending
d. population growth
the long-run aggregate supply (LRAS) curve is drawn vertical to the horizontal axis because
a.There is a permanent inflationary gap in the economy forcing supply into its inelastic range
competitive labour market
In a competitive labour market, a boom shifts
monetary policy works through
a.adjusting the exchange rate
which of the following is not a function of money
a.acting as paper weights for the office