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2 years ago

Keynesians argue that the interest elasticity of the demand for money is

Business

1 answer:

lorasvet [3.4K]2 years ago

5 0

Answer:

The correct answer is letter "C": relatively high, while monetarists argue it is low.

Explanation:

Keynesian Economics is a school of thought in which the government plays an important role in mitigating economic recessions. It is named after British economist John Maynard Keynes (1883-1946) who argued that governments need to push against economic tides in order to loosen the impact of the boom and bust cycles that are inevitable in a free market economy.

Associated with American economist Milton Friedman (11912-2006) Monetarism states that the government must keep the money supply fairly steady, increasing it marginally each year primarily to allow the economy to grow naturally. Monetarists consider the fiscal policy as less effective than monetary policy due to the low-interest elasticity of the demand for money, opposite to the idea of Keynesians.

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The farm always comes_______. This is something many feel the general public does not understand unless they came from a farm.

joja [24]

Answer:

First

Explanation:

something many people dont understand is a farm is a business and it always comes first. hope this helps

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2 years ago

Under the direct write-off method, the entry to write off an uncollectible account will include ________. A. a credit to the A

slava [35]

Answer:

C. a debit to Bad Debts Expense account

Explanation:

using the direct write-off method, we do not use the allowance. At write-off we recognize the directly the bad debt expense and decrease the accounts receivable.

Is important to notice that the direct method violates the accounting matching principles as, it recognize an expense based on events which occured at prior periods

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2 years ago

If the economy is falling below potential real GDP, which of the following would be an appropriate fiscal policy to bring the e

IceJOKER [234]

Answer:

Government spending

Explanation:

Expanded government spending is probably going to cause an ascent in aggregate demand (AD). This can prompt higher development momentarily. It can likewise increase the overall GDP. Higher government spending will likewise affect the supply side of the economy. Likewise, increase in government spending centres to apply fiscal policy is a way which could improve the economic situation of the country, it can also improve efficiency and a development over the long-run.

6 0

2 years ago

Assume Coronado Industries deposits $98000 with First National Bank in an account earning interest at 8% per annum, compounded s

kiruha [24]

Answer:

Future Value= $156,901.16

Explanation:

Giving the following information:

Assume Coronado Industries deposits $98000 with First National Bank in an account earning interest at 8% per annum, compounded semi-annually.

To calculate the future value of this investment, we need to use the following formula:

FV=PV*(1+i)^n

PV= 98,000

i= 0.08/2= 0.04

n= 6*2= 12

FV= 98,000*(1.04^12)= $156,901.16

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2 years ago

What was the four-firm concentration ratio in the u.s. soda market in 2009?

Igoryamba

<span>the four-firm concentration ratio in the u.s. soda market in 2009 are as follows Coca cola -42.7% Pepsi - 30.8% Dr.pepper snapple group - 15.3 % Royal crown - 2.1 % From the above data we can clearly find that Coke has an uphill battleâ€”they have huge amounts of marketing muscle, financial resources.Against Coke and Pepsi, guerrilla warfare is the only thing that might work.</span>

8 0

2 years ago