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.Management Sciences
A. it is difficult to measure the value of nominal GDP over time
B. there has been very little fluctuation in the money supply over time.
C. it is difficult to measure the demand for money over time
D. whether velocity is constant or not may depend on how the money supply is measure.
Related Mcqs:
- Prices that do not always adjust rapidly to maintain equality between quantity supplied and quantity demanded are ?
- A. market prices B. sticky prices C. fixed prices D. regulatory prices...
- According to the classical economists the economy ?
- A. requires fine tuning to reach full employment B. can never deviate from full employment C. will never be at full employment D. is self-correcting....
- Keynesian economics became popular because it was able to explain ?
- A. stagflation in the late 1970s B. demand-pull inflation in the 1960s C. low growth rates in the 1950s D. The prolonged existence of high unemployment during the Great depression...
- According of Keynes, the level of employment is determined by ?
- A. the behaviour of trade unions. B. the quantity of money C. price and wages D. the level of aggregate demand for goods and services...
- The nation that the government can establish the macroeconomic is known as ?
- A. fine tuning B. monestarism C. microeconomics foundations of macroeconomics D. the classical model...
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