Macroeconomic test
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There is a test coming.So,I turned here for some help.There are 10 questions that we have to answer by stating True,False or Uncertain and explaining the reason in not more than 20 lines.At the moment they have given us 3/10. 1.In orthodox monetarist analysis money can only influence the level of output and employment in the short run.
2.The natural rate of unemployment is associated with equilibrium in the labour market at the market clearing real wage.
3.According to the rational expectations hypothesis economic agents base their expectations of future values of a variable only on past values of the variable concerned.
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