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Other Fields Homework Help Economics Topic started by: bedau on Jul 26, 2017



Title: The term monetary impotence refers to the
Post by: bedau on Jul 26, 2017
The term monetary impotence refers to the
A) failure of firms to lower prices even when wages are falling.
B) problems that an economy faces when industries are not perfectly competitive and prices do not fluctuate.
C) failure of fiscal policy to drive down prices in a depression.
D) inability of an increase in real balances to raise the level of output.


Title: Re: The term monetary impotence refers to the
Post by: supersuineg on Jul 26, 2017
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