UGH, sorry
2) If the economy were left on its own without the interference of government or the Fed, it would move towards an equiliburium rate that would produce, with only minor interruptions, full employment without inflation. What school supports this view?
a. Classical
monetarism is very involved with inflation etc, classical economics believes controlling the money supply controls inflation... so i only disagree with SS's answer to number 6 from the first batch
1) C
2) A
3) C
4) D
5) B
6) A
and
1) c (choices were c, d, or e... i believe its the first one)
sorry for the couple of corrections in there, this is why taking tests at 2am is a bad idea...