1.
A group of modern economists who believe that markets clear very rapidly and that expanding the money supply will always increase prices rather than employment are the ?

2.
New classical theories were an attempt to explain ?

3.
If the demand for money depends on the interest rate the velocity of circulation is ?

4.
The persistence of a phenomenon such as unemployment, even then its causes have been removed is called ?

5.
The rational-expectation hypothesis suggests that the forecasts that people make concerning future inflation rates ?

6.
Rapid increase in the price level during periods of recession of high unemployment are known as ?

7.
The government increase government spending to try to reduce unemployment This is an example of ?

8.
Keynesian economics became popular because it was able to explain ?

9.
According to the classical economists the economy ?

10.
Prices that do not always adjust rapidly to maintain equality between quantity supplied and quantity demanded are ?

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